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3 days ago
Budget’s tax creep will get you, even if you’re not rich
Budget’s tax creep will get you, even if you’re not rich

By increasing the income tax brackets by just one percent, instead of in line with the inflation rate, the minister of finance ...

3 days ago
There are ways to avoid paying dividends tax
There are ways to avoid paying dividends tax

The best way to duck dividends tax is by contributing to your retirement fund.

3 days ago
Medical tax credit up only six percent
Medical tax credit up only six percent

If you belong to a medical scheme, from March 1 you will be able to deduct from the tax you owe a medical tax credit of R303 ...

3 days ago
Possible delay in compulsory pensions for provident fund members
Possible delay in compulsory pensions for provident fund members

Members of provident funds may enjoy another year of tax deductions for contributions to their funds without being forced ...

3 days ago
Budget is more friendly to bonds than equities, asset managers say
Budget is more friendly to bonds than equities, asset managers say

Finance Minister Pravin Gordhan’s budget was more bond-friendly than equity-friendly, Mark Appleton, the head of South African ...

3 days ago
Changes to social grants, sin taxes and travelling expenses
Changes to social grants, sin taxes and travelling expenses

Social grants to go up by the inflation rate, but what the poor get for their money will go down.

3 days ago
Who is paying the most tax
Who is paying the most tax

The share of taxes paid by individuals in South Africa has been increasingly steadily over the past few years.

3 days ago
Transfer duty threshold a boon for bottom-end buyers
Transfer duty threshold a boon for bottom-end buyers

This week's budget announcement that the transfer duty threshold will increase from R750 000 to R900 000 should make it easier ...

3 days ago
Tax break on income earned while abroad may be scrapped
Tax break on income earned while abroad may be scrapped

The days of enjoying a tax-free income for working overseas for lengthy periods may soon come to an end.