Business Report

Personal income tax-free threshold hiked to R79 000

The National Treasury on Wednesday unveiled various proposals including hiking the tax-free threshold for personal income tax.

#Budget2019: Black tobacco farmers slam excise duty hike, say it will jeopardise 10,000 jobs

The Black Tobacco Farmers Association (BTFA) said it was dismayed by government's decision to increase excise taxes.

#Budget2019: Sars set to get tough on lawlessness

Finance Minister Tito Mboweni promises reforms that will boost revenue collection and tackle illicit cigarette trade.

'Reduce transfer duty to stimulate property buying'

The first-time homebuyers pilot project announced in the Budget has been welcomed by the property industry.