Independent on Saturday

Personal income tax surpasses 2023 Budget forecast

FINANCE Minister Enoch Godongwana said this week personal income tax collections were marginally better than expected due to near‐term gains.

In his Medium Term Budget Policy Statement (MTBPS), Godongwana said personal income tax was expected to surpass the Budget forecast of R640.3bn by R6.4bn due to the recovery in earnings and higher bonus payments, with employee tax from the finance sector a

You’re reading a preview, subscribe to read more.

More from Independent on Saturday

Independent on Saturday3 min read
Lord Of His Very Own Backyard Castle
Meet Lord Gregarious, a 76-year-old Dutchman who has single-handedly built a five-storey Roman-style castle in his back garden, complete with knights, damsels, and a shimmering dragon fashioned from recycled metal. The towers of the Olt Stoutenburght
Independent on Saturday2 min read
Bvuma Lauds Chief’s Legendary Khune As Season Draws To A Close
ITUMELENG Khune might be deep into the twilight of his career, with many no doubt of the view he probably should pack up his gloves at the end of this season, but even as a peripheral member of Kaizer Chiefs he continues to inspire. This much was con
Independent on Saturday1 min read
OperationS For Slovak PM
Slovak Prime Minister Robert Fico’s health condition was “still very serious” yesterday two days after being shot, his deputy and close ally Robert Kalinak said. Kalinak said Fico had undergone a second operation. Fico was able to speak on Thursday,

Related Books & Audiobooks