Tag: Budget 2020
Further tax measures to combat the COVID-19 pandemic
In an address presented by President Cyril Ramaphosa on 21 April 2020, he noted that Government has recognised the significant negative repercussions that the national lockdown is having on our economy, both to businesses and to households across the country. The address also highlighted further tax measures to be implemented as additional relief measures.
Budget 2020: SMMEs, just hang in there!
South African small, medium and micro-enterprises (SMMEs) are struggling with weak economic growth, load shedding and crime. The regulatory burden also continues to hamper the growth of these businesses and their employment creation abilities.
Budget baked for rating agencies
Sparking an immediate celebration in the rand and bond markets, the 2020 Budget Speech ticked all the right boxes for markets, depicting a government that is reform-minded and ready to show its muscles.
Budget 2020 | SA Finance Minister Tito Mboweni’s Speech
The 2020 Budget was tabled to Parliament on 26 February 2020 by South African Finance Minister Tito Mboweni.
Will the 2020 budget promise SA secure ownership rights and freedom?
Minister of Finance Tito Mboweni will deliver his 2020 budget speech today. South Africa enters a new decade with a growth forecast of only 0.7% (according to ratings agency Moody’s).
Budget 2020 – wish list and tax incentives
Every year, when I start thinking about the annual Budget Speech, I wonder what is to come. Is this the year that the corporate tax rate will change? Maybe capital gains will finally be 100% taxable? Or something more low key, like an increase in the Securities Transfer Tax?
