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VAT : Adding more fuel to the fire for consumers

27 February 2017 | Budget 2017

As part of the 2017 Budget, Government has put forward a proposal for scrapping the zero-rating on fuel to expand the VAT base in 2018/2019. What does this mean for consumers?

Trevor Manuel and Judge Dennis Davis talk tough post Budget 2017

27 February 2017 | Budget 2017

Two days after Finance Minister, Pravin Gordhan, delivered his 2017/18 Budget Speech, KPMG in South Africa hosted a budget breakfast to unpack – among other things – the tax proposals that were delivered by National Treasury. The breakfast discussion had an esteemed panel of progressive thinkers such as former Minister of Finance, Trevor Manuel and Judge Dennis Davis, who is the Chair of the Davis Tax Committee.

Read beyond the Budget headlines: Bracket creep hits low to middle income earners

24 February 2017 | Budget 2017

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 is the one to worry about.

National Budget strikes the right balance

24 February 2017 | Budget 2017

Finance Minister Pravin Gordhan’s budget speech struck the right balance between finding room to fund government’s revenue shortfall and ensuring that the majority of the population benefits from a fair tax dispensation, says Trurman Zuma, Chief Executive of Savings at Sanlam.

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