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Withdrawing the VAT increase is good news for business, but …

24 April 2025 | Tax

Last week it was still all systems go for the VAT rate to increase to 15.5% on 1 May 2025. This morning South African businesses and consumers woke up to the news that Finance Minister Enoch Godongwana has withdrawn the proposed increase of 0.5 percentage points.

From domicile to residency: what SA expats must know about UK tax changes

11 April 2025 | Tax

The UK government is made significant changes to its tax system on the 6 April 2025, abolishing the remittance basis of taxation and shifting to a residency-based system.

Earning more, taking home less: The hidden tax hike in this year’s budget

03 April 2025 | Tax

For the second year in a row, Treasury has left personal income tax brackets and rebates unchanged – effectively handing South Africans a stealth tax in this year’s budget. It will be felt in the take-home pay of salaried workers, particularly those in the lower to middle-income bracket, warns Allan Gray’s head of Tax, Carla Rossouw.

Bring back boring Budgets

31 March 2025 | Tax

As we wait for the 2025 Budget Speech to be approved in South Africa, we look back with some longing on the boring and predictable Budgets of the past. Institutional investors, the kind the country is desperate to attract, loved them.

quick poll

Question

COFI is coming, bringing a wave of change for financial planners. Which one of the following disruptors will have the biggest impact on your business?

Answer

Adviser categorisation Omni CBR Remuneration models We are ready for all of it

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