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MTBPS 2020 | SA Finance Minister Tito Mboweni

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The Medium Term Budget Policy Statement (MTBPS) 2020 was tabled to Parliament on 28 October 2020 by South African Finance Minister Tito Mboweni.

COVID-19 tax relief – VAT

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Following announcement of the actions taken by government to combat the COVID-19 crisis, many South Africans may be aware of the proposed tax measures that are effective from 1 April 2020.

COVID-19 tax relief – good intentions with bad results?

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Following President Cyril Ramaphosa’s announcement of fiscal relief for certain taxpayers, in light of other measures imposed to combat the COVID-19 crisis, National Treasury published explanatory notes on 29 March 2020, which outline exactly how the tax system will be used to ease financial distress during these times.  

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