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Immelman Ferreira – Chartered Accountants

BUDGET SPEECH 2018

BUDGET SPEECH 2018 On 21 February 2018, Finance Minister Malusi Gigaba delivered the 2018 budget speech and these are the changes that have been noted: VAT has increased from 14% to 15% and will take effect from 1 April 2018. This increase will affect 80% of higher income earners. Zero-rating food, such as brown bread, […]

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