Summary of Tax Tables

Summary of Tax Tables

Summary of Tax Tables Will not exceed the tax threshold (see 4 below) for the tax year, or From interest, foreign dividends and rental will be R30 000 or less for the tax year. The Section 10(1)(o)(ii) exemption for foreign employment income of tax residents effective...
SAIBA’s View on the Budget

SAIBA’s View on the Budget

SAIBA’s View on the Budget A “flat tax” is not a new idea. It has been used in history with far greater success than the current progressive tax system that penalises those who are more productive, by taxing them more. A flat tax encourages saving, and therefore...