Budget Speech woes of 2021

The 2021 budget speech, unlike its predecessors, have definitely enjoyed a watchful eye. Overall, no material changes have occurred, the below are therefore some highlights from our side. 5% increase in income tax, tax brackets and primary rebates. For now, the...

The 2020 Budget Speech

Finance Minister Tito Mboweni delivered his budget speech on 26 February 2020 painting a rather bleak view of the current and future economic climate in South Africa. With inflation and our budget deficit said to increase at a remarkable rate in comparison to economic...