Mazars Budget Book

Author : Mazars South Africa

Language : English

Read Mazars budget book

Abstract

Mazars presents 2019/2020 Budget Speech Highlights.

Summary

• Tax brackets will not be amended for the 2020 year of assessment
• Zero rating of white bread flour, cake flour and sanitary pads from 1 April 2019
• Fuel levy to increase by 29c
• Sin taxes to increase by between 7.4% and 9%
• Proposed that the rules governing share buy-backs and dividend stripping be amended.
• Government to consider regulation and tax treatment of unlisted REITS.
• Proposed that permanent establishment definition in the Income Tax Act be reviewed.
• Government will consider measures to curb smuggling and illicit financial flows.

>>> Read the Highlights
>>> Read Mazars' complete Budget Book 
>>> Visit Mazars' Website to download both documents

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