Head Topics

PERSONAL INCOME TAX: Largesse … but just little

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

A handy bit of tax relief will help most, but the Treasury is coming for anyone worth R50m or more

For a second year, the National Treasury has dished out surprising and handy tax relief to lighten the burden on taxpayers.

But this generosity comes with an important stick: wealthier individuals will need to declare their assets and liabilities in much greater detail...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK chancellor seeks to burnish his Thatcherite credentialsRishi Sunak, the most likely successor to Boris Johnson, makes a low-tax speech
Source: BDliveSA - 🏆 12. / 63 Read more »

Alibaba revenue grows slowest since 2014 on sales drop and competitionIncome rose about 10% in October-December, the first time quarterly sales growth has fallen below 20%
Source: BDliveSA - 🏆 12. / 63 Read more »

MAMOKETE LIJANE: Balancing the debt equationA basic income grant that is ultimately a replacement for work would doom poor South Africans to perpetual poverty, writes mamokete30. BudgetSpeech2022
Source: FinancialMail - 🏆 20. / 63 Read more »

MAMOKETE LIJANE: Balancing the debt equationA basic income grant that is ultimately a replacement for work would doom poor South Africans to perpetual poverty, writes mamokete30. BudgetSpeech2022
Source: FinancialMail - 🏆 20. / 63 Read more »

Alibaba revenue grows slowest since 2014 on sales drop and competitionIncome rose about 10% in October-December, the first time quarterly sales growth has fallen below 20%
Source: BDliveSA - 🏆 12. / 63 Read more »

Still many issues surrounding tax collectionOne of the reasons that Finance Minister Enoch Godongwana was able to table such a “soft” budget this week was the unexpected “windfall” of an extra R180 billion in tax collections. When you achieve one dream, dream another. Getting what you want is only a problem if you have nowhere to go next. Dreaming is a lifetime occupation. God bless you Geoffrey100k for guiding to the next phase of life
Source: TheCitizen_News - 🏆 6. / 75 Read more »