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Tag Archives | Budget 2021

tax-collection

#Budget2021 – Focus on tax increases and improving tax collection capabilities

On the eve of the Budget, with a vaccine programme to fund, Carla Rossouw, tax lead at Allan Gray considers what levers government has to pull. What are the revenue drivers in SA? PIT, corporate tax and VAT account for about 80% of total tax revenue. Is there room to increase any of these drivers? South African corporate tax: An increase would […]

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investment

#Budget2021 – Will Section12J tax incentive be extended?

“Investors and role-players in the Section 12J sector will be waiting with bated breath to hear if the tax incentive receives a well-deserved extension,” according to James Rothmann of Anuva Investments. “Section 12J is only recently receiving the attention it deserves, and the cut off, in my opinion, will be short-sighted; we will only realise […]

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