Useful Info

Mar 14 2014

The Minister of Labour has announced an increase in the amount of maximum earnings, effective 1st April, 2014, to R332 479 per annum.

http://web.vdw.co.za/Portals/12/37379_Increase%20in%20max%20OID%20earnin...

Feb 26 2014

The 2014/2015 South African Budget Speech was presented by the Minister of Finance, Pravin Gordhan on Wednesday, 26 February 2014. See the attached SARS pocket tax guide for a summary of all the latest changes.

South African Budget 2014 - 2015
Nov 19 2013

Large numbers of unemployed are a problem for any country, but when young people leave the education system with a very poor chance of getting a job, their motivation to achieve is impacted from day one.

Statistics indicate that 50% of 15 to 25s are unemployed, and 29% of 25 to 34 year olds. The ETI Bill aims at the 18 to 29 year olds who are believed to be around 30% of the total unemployed which is sitting at approximately 25%.

The New Employment Tax Incentive Bill (ETI)
Feb 27 2013

The 2013/2014 Budget Speech was presented by the Minister of Finance, Pravin Gordhan on Wednesday, 27 February 2013. See the attached SARS pocket tax guide which has been developed to provide a synopsis of the most important tax, duty and levy related information.

Budget 2013 - 2014
Feb 22 2012

The 2012/2013 Budget Speech was presented by the Minister of Finance, Pravin Gordhan on Wednesday, 22 February 2012. See the attached SARS pocket tax guide which has been developed to provide a synopsis of the most important tax, duty and levy related information.

Budget 2012 - 2013
Feb 23 2011

The 2011/2012 Budget Speech was presented by the Minister of Finance, Pravin Gordhan on Wednesday, 23 February 2011. Some of the highlights include: Personal income tax relief of R8.1 billion, a third income tax rebate of R2 000 for individuals 75 years and older and conversion of medical tax deductions to tax credits from March 2012.

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