Will we pay more tax in the new year?

By |2017-04-13T07:21:07+02:00Dec 13th, 2016|Estate Planning, Financial Planning, Investment Planning, Medical Aid, Retirement Planning, Risk Planning, Tax Planning|

South Africans are collectively holding their breaths for further tax hikes when finance minister Pravin Gordhan delivers his 2016 Budget Speech. In the 2015 Budget Speech, former finance minister, Nhlanhla Nene, increased personal income tax for all taxpayers earning more than R181900 a year. He also announced an increase in the general fuel levy of [...]