The Budget for dummies: the stuff you really need to know
A can of your cooldrink will cost you a little more in next year, thanks to the introduction of a tax on sugar-sweetened beverages that was announced by Minister of Finance Pravin Gordhan. The Minister delivered his budget speech yesterday in Parliament and as expected sin tax is going up as well, meaning that the […]
Kyknet Woema Neil Roets Debt Rescue
Missed Gordhan’s budget? Get all the action here…
09:58 – Politicians were quick to give their feedback on Finance Minister Pravin Gordhan’s budget. This is what they said: 09:57 – Finance Minister Pravin Gordhan spoke to Fin24 just after delivering his budget speech in Parliament: 17:05 – Missed Pravin Gordhan’s budget speech? 17:01 – For the second year in a row, the National […]
Belt-tightening time
What they say about the budget… Rakesli Seethal, head of employment taxes and tax risk, Barclays Africa Tax: The focus of today’s budget was on tax relief to lower and middle income earners and while higher income earners will experience less tax savings, they also have some relief on marginal taxes to look forward to. […]
Budget blues for consumers
#Budget2016 / Cape Town – Consumers burdened by debt will be hardest hit by increases in fuel and tax levies announced by Finance Minister Pravin Gordhan in his Budget yesterday. Although analysts said that Gordhan was left with little choice but to craft a tight budget, consumers complained his measures would leave them short. Many […]