Treasury ‘needs to adjust’ Budget predictions following SA’s grey-listing
Grey-listing reduces a country’s GDP growth by between 0.5% and 1.5%, says economist Iraj Abedian.
National Treasury
Asisa responds to two-pots deadline of 1 March 2024
The legislation may not be finalised until October this year.
Grey-listing will have a big impact on insurance industry, says law firm
National Treasury says it hopes to get South Africa off the list before January 2025.
Treasury responds to FATF action plan for SA to fix its ‘dirty money’ problems
Treasury expects grey-listing will have ‘a limited impact’ on financial stability and the costs of doing business with South Africa.
Here are the Ts & Cs for claiming a tax rebate for installing home solar panels
The incentive applies only to the panels themselves and body corporates are not eligible.
How much more (or less) income tax you will pay
National Treasury signals its opposition to higher tax rates.
You can take more money from your retirement fund without paying tax
Taxable income bands in the withdrawal tables adjusted by 10%.
Treasury to expand section 12B tax incentive for investing in renewables
And the bounce-back loan-guarantee scheme will be reworked to help small businesses finance renewable energy projects.
Treasury presses ahead with launching two-pot system in March 2024
Outstanding issues will be finalised later this year.
COMMENT: Budget is as good as could be hoped for
The jury is still out on National Treasury’s projected debt stabilisation over the medium term.
Diesel levy refund extended to take the pressure off food prices
General fuel levy and RAF levy to stay the same.
Here’s how much more a drink or a cigarette will cost you
And a bitter-sweet decision regarding the ‘sugar tax’.
Finance Minister makes appointments to Ombud Council
New chairperson is currently the head of group finance: governance and risk compliance at Transnet.
Two pots will add complexity to the tax treatment of retirement benefit withdrawals
Withdrawals from the savings and retirement pots will be taxed in different ways.
When the new anti-money laundering provisions take effect
Proclamation Notice sets the commencement dates for the sections that amend five Acts of Parliament.
SA’s bid to avert being grey-listed: what happens next?
National Treasury-led delegation will have a face-to-face meeting with the Financial Action Task Force
