Tag: sin tax
Budget 2019 | what can personal income taxpayers expect?
Against the backdrop of the weakening Rand, the pain point of the increased marginal tax rate of 45 per cent, the increase in the VAT rate by 1 percent in April 2018 and the decline in household spend, can South Africans really afford another tax rate hike?
2018 Budget Comments – Personal Income Tax
Personal income tax - When looking at the changes to personal income tax in isolation (i.e. ignoring the increase in the VAT rate and the usual increases in “sin taxes”, the news in the budget was probably as good as could have been expected.
