Budget 2021
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What #Budget2017 could mean for low and middle income earners

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Cape Town - Standard Bank SA economist Siphamandla Mkhwanazi explains how Finance Minister Pravin Gordhan's budget speech could impact low and middle income earners.

Bracket creep to disproportionately affect middle income earners

Last year’s Medium Term Budget stipulated that tax increases were needed to ensure that government revenue rise by an additional R28bn for the 2017/18 tax year and a further R15bn in 2018/19.

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