It wasn’t a good week for a provisional taxpayer. My bank account had been gouged by the South African Revenue Service’s demand for a provisional tax payment. In the past I’ve inclined to the view that I’m lucky to have a tax liability. Not so much this year. The surging cost of living seems to have overtaken my earning capacity. And then there’s all the little Eskom-related stuff — the power banks, the dongles, the surge protection plugs, the vrot food.

But off I went to parliament to cover the budget. And amid the screeds of information provided by what is still a top-class National Treasury team, it was difficult not to wonder what the point of this precise balancing of revenue and expenditure was...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.