budget 2021
PERSONAL TAX: Breathe out, for now
Income tax hikes are off the table and, in fact, some relief has been granted. But the wealthy had better watch out
25 February 2021 - 06:00
Can you hear that? It’s the collective sigh of millions of relieved taxpayers.
Speculation was rife that individuals would be drowned in tax hikes this year, with talk of a special R9bn vaccine tax, and even a wealth tax of perhaps 5% of net assets...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.