New taxes & tax increases: An explainer

Friday, February 05, 2021

Value for money: Tax payers will have to bear more weight this year PIC: MORERI SEJAKGOMO

The Minister of Finance & Economic Development, Dr Thapelo Matsheka announced a number of tax changes whilst presenting the national budget on Monday, February 1, 2021

These tax changes come against the backdrop of constrained government mineral revenues as well as a dip in SACU and domestic tax collections which were occasioned by COVID-19. Below are the tax changes the Minister proposed to Parliament.

VAT rises to 14%

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New taxes & tax increases: An explainer

The Minister of Finance & Economic Development, Dr Thapelo Matsheka announced a number of tax changes whilst presenting the national budget on Monday, February 1, 2021

42 out of 45 bodies of Limpopo bus crash victims identified

Selefu

Selefu

Civil Society threatens court action over constitution amendment

Fans urged to fill up stadium

Coaches take jabs ahead of derby

A city divided!

Civil Society threatens Masisi with legal action

Routine child vaccination imperative