Economy

Budget speech tax proposal summary

The National Budget speech was delivered in parliament on 24 February 2021 by the Minister of Finance, Tito Mboweni.

Mboweni sticks to a realistic path in 2021/22 Budget

Treasury elects not to extends the Section 12J sunset clause

The Section 12J sunset clause has been a trending topic for Section 12J fund managers and taxpayers in the build-up to the Finance Minister's budget speech. The relevance is that when Section 12J was introduced in 2009, Treasury included a clause that would see to the incentive coming to an end at the end of June 2021.

Budget Speech Commentary from Momentum Experts