for subscribers

Cosatu scraps tax protest, but March strike is still on

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
A file photo of Cosatu members marching through the streets of Johannesburg. (Picture: Felix Dlangamandla/Beeld)
A file photo of Cosatu members marching through the streets of Johannesburg. (Picture: Felix Dlangamandla/Beeld)

Cape Town – The Congress of SA Trade Unions (Cosatu) said on Friday that it has cancelled its planned protest over the implementation of the amended tax laws on Sunday, but that its national strike planned for March is still on.

This followed the announcement by Finance Minister Pravin Gordhan on Thursday that Treasury has proposed postponing implementation of certain provisions in the new tax laws for two years, from March 1 2016 to March 1 2018.

The 2015 Taxation Laws Amendment Act and the Tax Administration Laws Amendment Act were meant to come into effect on March 1, and would have seen workers who have contributed to provident funds no longer being able to cash in their entire retirement savings on resignation.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
15.25
(-0.09)
ZAR/GBP
20.29
(-0.13)
ZAR/EUR
18.23
(-0.10)
ZAR/AUD
11.25
(-0.23)
ZAR/JPY
0.15
(-0.04)
Gold
1787.51
(+0.09)
Silver
22.67
(+0.11)
Platinum
965.22
(+0.30)
Brent Crude
48.27
(+0.96)
Palladium
2413.01
(+0.60)
All Share
57822.50
(-0.17)
Top 40
53021.58
(-0.12)
Financial 15
11577.71
(-0.58)
Industrial 25
79894.95
(-0.12)
Resource 10
52804.55
(+0.03)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
22% - 348 votes
No, I did not.
51% - 822 votes
My landlord refused
28% - 448 votes
Vote