Water crisis ignored as Gigaba takes R22bn bite from emergency war chest

2017-10-25 15:50

Finance Minister Malusi Gigaba plans to reduce the country’s contingency reserves from more than R30bn to R8bn in the next two years to offset revenue shortfalls and to reduce borrowing.

Here's how to calculate your tax

2017-03-13 11:48

Budget 2017 contains updated tax tables and company employees will be paying more tax and taking less home at the end of the month, explains a payroll expert.

Everyone knows how Gordhan feels

2017-03-07 14:40

In his budget speech the finance minister was wrestling with a national debt challenge. The vast majority of South Africans are in the same space, says an expert.

Taxing SA's super rich: 'I object to the new 45% top tax'

2017-03-06 19:27

A Fin24 user impacted by the new upper tax bracket is of the view that an increase in Value-Added Tax should rather have been instituted.

#Budget2017: How to offset sugary tax

2017-03-05 17:08

Potential job losses from the proposed 11% sugary tax could possibly be completely offset by supporting the sugar industry’s long standing requests.

#Budget2017: All about tax

2017-03-02 20:15

The 2017 Budget Speech is all about tax, as Finance Minister Pravin Gordhan looked for ways to raise money and tighten expenditure, says a tax expert.

Tax revenue shortfall could be even higher than R30bn - expert

2017-03-02 06:12

National Treasury’s estimate of a R30bn revenue collection shortfall is optimistic, saysKyle Mandy, Director at auditing firm PriceWaterhouseCoopers

MUST READ: 'Stop plucking the goose that lays the golden taxes'

2017-03-01 05:00

Fin24 users have described the new tax rate for the super rich as a major disincentive, amid calls for meaningful job creation and an appeal to value high income earners.

Is South Africa’s tax mix appropriate?

2017-02-28 05:00

We need to ask ourselves if Finance Minister Pravin Gordhan engaged the ‘appropriate lever’ in fulfilling an urgent need to raise an additional R28bn of revenue, says Tracy Brophy.

Moseneke issues stern warning on transformation

2017-02-27 17:46

No amount of pleading will create transformation and SA needs people with the guts and balls to build something, says former deputy chief justice Dikgang Moseneke.


Jonas sheds light on SA's budget battle

2017-03-15 18:21

Government had to draw up a budget for 2017 in an environment of difficult trade-offs, says Deputy Finance Minister Mcebisi Jonas during a debate on the Division of Revenue Amendment Bill.

Why Budget 2017 was unusual

2017-03-09 18:18

Budget 2017 was unusual due to the tough economic environment in 2016 and SA narrowly having avoided going into recession, says an independent economist.

What if Zuma drew up the budget?

2017-03-07 06:50

What would the national budget look like if the opponents of National Treasury could gain the upper hand? Economist Jac Laubscher takes a look.

Exchange controls relaxed for IP, foreign investment

2017-03-06 18:31

National Treasury has made some changes to its exchange control policy regarding intellectual property and offshore investment, explains a legal expert.

Gordhan's 2017 Budget disappoints on many levels - CEO

2017-03-05 13:55

Although Finance Minister Pravin Gordhan’s 2017 Budget was the best that could be done under extremely challenging circumstances, it is difficult not be disappointed, says a business leader.

WATCH: #Budget2017 - wait and see continues regarding ratings agencies

2017-03-02 17:28

From a credit ratings point of view, it still very much remains a case of wait and see after Budget 2017 was delivered by Finance Minister Pravin Gordhan.

Don't rely too much on personal income tax, warns commission

2017-03-01 06:02

The Financial and Fiscal Commission has cautioned that over the long term, personal income tax hikes could have a detrimental effect on economic growth

Bad news for higher income tax payers

2017-02-28 17:58

Despite a higher marginal income tax rate of 45% being introduced on taxable income over R1.5m, the National Budget maintained fiscal prudence, says OAM.

#Budget2017: Scope for improved transformation - Agbiz

2017-02-27 20:15

From an agribusiness perspective, Budget 2017 came against the backdrop of high food price inflation and a recent positive upturn in agribusiness confidence.

Judge Dennis Davis: SA's super rich likely not bitter over tax hike but …

2017-02-27 06:01

Amid fears of South Africans skipping the country over the new tax rate for those earning over R1.5m, Judge Dennis Davis reckons they likely have no qualms with the hike, but more so with how the money is used.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.