Tax relief to support clean energy transition
Personal income tax brackets have been adjusted to take account of inflation
22 February 2023 - 14:15
Tax relief amounting to R13bn has been provided in the 2023/2024 budget to support the clean energy transition, increase electricity supply and limit the effect of high fuel prices.
In addition, the budget provides inflation-related adjustments to the personal income tax brackets, the retirement tax tables, transfer duties and excise duties for alcohol and tobacco...
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