Tag: tax

2025 Budget: ‘VAT is not a poor people’s tax’

The Cabinet minister emphasised that VAT affects all citizens, not just low-income…

sokonnect sokonnect

1.5% of SA population pay 61% of income tax: Are we overtaxed?

According to last year’s Budget Review, only 7.1 million South Africans pay…

sokonnect sokonnect

Sars boss speaks out against tax hikes – again

At a G20 side event, he repeats the stance that improving tax…

sokonnect sokonnect

Here are four tax tips for SME owners in SA

SMEs that earn less than R1 million annually can opt to pay…

sokonnect sokonnect

MaMkhize’s tax troubles deepen as Royal AM faces uncertain future

MaMkhize’s tax troubles deepen as Royal AM faces uncertain future! It never…

sokonnect sokonnect

What having no national budget means for SA and tax collections

New income tax brackets for individuals generally become effective on 1 March…

sokonnect sokonnect

Mama Joy heartbroken over rumored sale of Royal AM amid MaMkhize’s tax troubles

Royal AM ambassador Mama Joy, whose real name is Joy Chauke, has…

sokonnect sokonnect

OECD tax deal in turmoil as Trump draws battle lines

Potential retaliation against countries discriminating against US citizens or corporates. The latest…

sokonnect sokonnect

What businesses need to know about the new Global Minimum Tax Act

“These MNEs must make up the difference between their effective company income…

sokonnect sokonnect

Parks Tau’s tax plan deters investors

A 3% tax plan targeting businesses to fund black empowerment jeopardises investor…

sokonnect sokonnect