2024 National Budget Highlights No increases to corporate tax, income tax, capital gains tax, or VAT. No changes to fuel levy and road accident levy. Increase in excise duties on alcohol and tobacco Duties on alcohol will increase between 6.7% [...]
2023 National Budget Highlights The much-awaited National Budget Speech was delivered on 22 February 2023. Here are the key points covered by Finance Minister Enoch Godongwana: Energy crisis: With the lack of reliable electricity supply being the biggest economic constraint, the [...]
2022 National Budget Highlights Presented with a range of possible choices for the R180 billion revenue overrun in 2021/22, Finance Minister Enoch Godongwana chose to apply as much of that windfall as possible to reducing government debt, demonstrating his determination to [...]
