Articles tagged as "Budget"
2024 Budget: Walking a tightrope
The stage was set for a much-anticipated 2024 Budget speech during an election year.
The problem with a 12% yield
The notion of a government bond trading at a 12% yield can sound very appealing, but it poses several issues.
Unpacking the changes to the retirement fund lump sum tax tables
To account for the impact of inflation, this year’s National Budget introduced changes to the retirement fund lump sum tax tables for retirement fund cash lu...
A focus on the regulatory aspects and challenges of the two-pot system
During the recent Budget speech, the Minister of Finance confirmed the intended launch date of 1 March 2024 for the two-pot retirement system. With 12 months...
The 2023 Budget: A crisis of credibility in the outer years of the forecast
Thalia Petousis, portfolio manager at Allan Gray, shares her views on the challenges of putting together a credible national budget
Great news for retirement savers as offshore limits increased to 45%
Following announcements in the recent Budget speech, the South African Reserve Bank (SARB) has confirmed that the offshore investment limits for all investme...
The long road to debt reform: SA’s Budget underwhelms bond investors
Despite the positivity priced into the Budget from the much-publicised tax revenue overruns, the outcome has positively underwhelmed South African bond...
2022 Budget speech update
Finance Minister Enoch Godongwana delivered his maiden Budget speech on Wednesday, 23 February. He noted that although the easing of COVID-19-related...
A responsible Budget signalling optimism
The high cost of living, fuelled by rising inflation, significant fuel price increases and a series of interest rate hikes (which are likely set to continue)...
Don’t let December derail your long-term plans
As we approach the proverbial finish line after a long year, most of us are looking forward to a well-deserved break. However, as we focus on making memories...
2021 Budget speech update
Finance Minister Tito Mboweni delivered the Budget speech on Wednesday, 24 February. Against the backdrop of the COVID-19 pandemic, the Budget was more...
2021 Budget signals hope for SA taxpayers
Minimal tax measures aim to bring relief to taxpayers and bolster economy.
What can we expect from the 2021 Budget?
It is that time of the year again, we are holding our breath to see what the 2021 Budget speech will deliver against a backdrop of the devastating loss,...
2020 Budget speech update
Finance Minister Tito Mboweni delivered the Budget speech on Wednesday, 26 February. In this document we highlight some of the 2020 Budget tax proposals that...
2020 Budget: Stuck between a rock and a hard place
A revenue shortfall of R50bn was announced in the Medium-Term Budget Policy Statement (MTBPS) in October 2019, and this sets the scene for the 2020 Budget....
2020 Budget: Managing the wage bill and fixing Eskom's credibility
The National Treasury faces formidable challenges in preparing the Budget for the 2020/21 fiscal year, which will be presented on 26 February. Projections...
How to implement your New Year’s resolutions
As the end of the year approaches, it is a good time to reflect on resolutions committed to in earnest back in January and take stock before the resolution...
Are you financially resilient?
Most of us know what it means to build resilience in the context of health and wellness: eat healthily, exercise regularly, get enough sleep and manage stres...
PART 1: How to overcome the growing cost of education
Do you feel overwhelmed at the thought of how you will finance your children’s education? You are not alone. We all want to empower our children by giving th...
2019 Budget speech update
Finance Minister Tito Mboweni delivered his maiden budget speech on Wednesday 20 February. In this document we highlight some of the 2019 Budget tax proposal...
Budget 2019: Focus shifts to restoring credibility
Finance Minister Tito Mboweni’s maiden Budget Speech didn’t deliver any major punches such as 2018’s surprise 1% VAT hike, but instead sought to acknowledge...
VAT increase unavoidable
The Budget Speech delivered by Finance Minister Malusi Gigaba was a careful step in the right direction in an environment where hard decisions are...
2017 Budget speech update
The Minister of Finance announced amendments to tax and other legislation that may affect investors. These changes are discussed in detail below and, unless...
How does the Budget impact me?
The 2017 Budget had some surprises, especially for the wealthy, with steep increases in income tax and dividend withholding tax. But we need to look beyond t...
Read beyond the Budget headlines: Bracket creep hits low to middle income earners
The 2017 Budget had some surprises, especially for the wealthy, with steep increases in income tax and dividend withholding tax. But the silent tax increase ...
2016 Budget speech update
The Minister of Finance announced amendments to tax and other legislation that may affect investors.
