Covid-19
Pages
Thursday, February 25, 2021 - 11:13am
 You can expect to pay more for alcohol and tobacco, as government has decided to increase the excise duties on these products. On Wednesday, Finance Minister Tito Mboweni announced that the excise duties on these products will increase by 8%. |
Thursday, February 25, 2021 - 11:12am
 Finance Minister, Tito Mboweni has confirmed that social grants will increase by below inflation rates of between 1.0 and 3.4 percent. This increase will take effect from April 2021. Along with this, the extension of the temporary R350 grant will come to an end, decreasing grant expenditure by 2.2% over the next three years. |
Wednesday, February 24, 2021 - 4:26pm
 While delivering the annual budget speech, Finance Minister Tito Mboweni announced that there will be an increase in the personal income tax brackets and rebates. In an effort to ease the burden of inflation on individual households, the personal income tax brackets and rebates will increase by 5%. |
Wednesday, February 24, 2021 - 2:36pm
 Finance Minister, Tito Mboweni announced that the gross tax revenue will be lower this year compared to what was projected in the 2020 budget. |
Wednesday, February 24, 2021 - 12:36pm
 South Africa's unemployment rate has increased by 1.7% from the third quarter of 2020. StatsSA released the Labour Force Survey in the fourth quarter, which showed that the number of unemployed persons increased by 701 000. This brought the total to 7.2 million, compared to quarter 3 in 2020. |
Advertisement
