ARTICLES RELATING TO WEALTH TAX

Sifiso Skenjana: Why SARS must push harder for a progressive income and wealth tax

2019-07-23 05:00

It's time SARS got serious about pushing for a more progressive income tax for high earners and a wealth tax for the ultra-high net worth individuals, says Sifiso Skenjana.

Why SA needs a wealth tax

2019-04-30 20:01

Despite significant efforts by the State to stimulate inclusive growth, the income gap between the rich and the poor has continued to widen in post-apartheid South Africa, says Ingrid Woolard.

Wealth tax: can SA afford to raise the already high burden on the rich?

2018-05-10 21:02

It makes sense to reform and stimulate the economy to create growth rather than create negative sentiment by overburdening the wealthy and foreign investors, cautions an expert.

Budget 2018: Is there a hidden wealth tax?

2018-02-23 18:24

Wealthier South Africans could feel the pinch of a hidden wealth tax, with Finance Minister Malusi Gigaba announcing an increase in estate duty and higher excise taxes on luxury goods in his budget speech.

WATCH: Putting the squeeze on the wealthy

2018-02-21 07:56

There’s a number of measures that SARS can use to increase contributions from the wealthy without introducing a wealth tax, says an expert.

Wealth tax: Good idea or not?

2017-09-13 11:58

Should the rich be taxed more? Let’s take a look at the various arguments both for and against this proposal.

Wealth tax for SA? Have your say now

2017-04-25 18:24

The Davis Tax Committee invites South Africans to send their thoughts on the desirability of additional forms of wealth tax in the country.

Why Gordhan should raise VAT by 2%

2017-02-19 12:22

Although higher taxes on corporates and the super-rich may be popular ideas, raising value-added tax may prove a much fairer and quicker way to increase revenue, says a tax expert.

Zuma’s new tax laws hammer wealthy and employees who earn shares: Quick guide

2017-01-23 10:12

President Jacob Zuma has signed into law several bills that will penalise wealthier investors, higher income salary-earners and trusts. Find out if they will affect you.

Wealthy in the spotlight with Panama Papers leak

2016-04-05 07:54

The money-washing business will not be eliminated until banks, law firms and other enablers are held accountable and pay for facilitating such illegal actions, says an expert.

 

'We are part of the problem’: billionaires and heirs demand wealth tax

2019-06-25 19:39

They’re an eclectic bunch - some of the nation’s most privileged heirs alongside entrepreneurs who have made spectacular fortunes in real estate, finance and Silicon Valley. But collectively they’re united on the need to tax more of the richest Americans’ assets.

No hasty decisions on wealth tax, says Ramaphosa's economic advisor Trudi Makhaya

2018-06-20 07:31

Government must consider the Davis Tax Committee's work holistically before making decisions about a possible wealth tax, says President Cyril Ramaphosa's economic advisor Trudi Makhaya.

Davis Committee says wealth tax needs more work and consensus

2018-04-13 11:16

The Davis Tax Committee says poor and middle class people should be protected from having to pay a wealth tax, and that more needs to be done to strengthen the estate duty system.

Video
WATCH: We see a general encroachment of 'wealth tax' - Sovereign Trust

For all amounts over R3.5, there's going to be an estate duty of 12.20% up to a value of R30m. Tim Mertens, Chairperson on Sovereigh Trust discusses the wealth tax.

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Talk of wealth tax causing anxiety among super rich

2018-01-17 21:00

There is general discontent among high net worth individuals in SA who feel they are potentially being unfairly burdened by ever-increasing taxes, says an expert.

Wealth tax unlikely to bring in huge revenue

2017-04-30 07:49

Experts say estate tax the most promising of the proposed three.

VAT could generate more revenue than wealth tax - expert

2017-02-20 15:09

Increasing the VAT rate would make a bigger contribution to narrowing the tax gap than a raise in the wealth tax, says an expert.

SA's tax dilemma: Hiking VAT vs wealth taxes

2017-01-27 06:07

As unwelcome as planned tax increases are at a time of general weakness in economic activity, they could have been substantially higher, says an economist.

How SA can use wealth tax to cut poverty, unemployment

2016-08-11 06:33

A 'wealth tax' could significantly address two of SA’s triple challenges of joblessness, poverty and inequality – but it needs to be managed correctly, says an expert.

Matthew Lester: Free education, tax deduction for the rich

2015-10-29 16:35

Matthew Lester is crunching the national budget numbers in earnest searching for a solution to free tertiary education.

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