Managers of Wealth Africa

The salary increase you need to survive the tax changes for 2025

After careful consideration, the government has still opted to increase VAT, but now only by 0.5%pts in 2025, and a further 0.5%pts in 2026.

Edward Kieswetter is coming after these taxpayers in South Africa

Total taxes paid amount to about R1.5 trillion, leaving R1 trillion unaccounted for.

Customs exempts healthcare products raw materials from duties, VAT

Consequently, critical raw materials essential for the production of pharmaceutical products will be exempted from import duty and Value Added Tax for a period of two years.

How to legally pay less tax in South Africa

This means that taxpayers will fall prey to inflationary bracket creep.

‘Tax reform’ll eliminate regulatory bottlenecks, boost MSMEs growth’

Odii said that once passed into law, the bill would remove multiple taxation and exempt businesses with annual earnings below N100 million from key tax obligations.

Switzerland and Zimbabwe sign double taxation agreement

The DTA allows the Swiss network of double taxation agreements to be expanded into Southern Africa.

How many millionaires pay tax in South Africa

Despite this continued outflow, South Africa still retained a significant number of wealthy residents.

How much tax you’re really paying in 2025

Crunching the numbers in the proposed 2025 Budget, independent data analyst Pieter Jordaan shows that lower-income earners are set to bear the brunt of the coming hikes.

Good news for South African taxpayers

This would have significantly increased the price of most products in South Africa, impacting all population sectors.

Reps committee adopts Tax Reform Bills as a working document, maintains VAT at 7.5%

Faleke expressed optimism that the Nigeria Revenue Service would enhance seamless tax harmonization and administration.

Godongwana urged to cut spending over tax hikes amid economic crisis

A proposed increase in VAT from 15% to 17% has met with significant opposition, with many stakeholders outright rejecting the plan.

Medical aid tax credits, fuel levies and VAT – what to expect in South Africa’s new budget

Treasury has stressed that South Africa’s VAT is still lower than the 19% seen in peer countries

Zimbabwe’s Tax Shift: Can VAT Reforms Boost Revenue Without Increasing Poverty?

The study recommends targeted cash transfers to protect low-income households while maintaining fiscal stability.

Innovative trust options to effectively protect vulnerable beneficiaries

A guide with some tax-free and tax-efficient options for significant savings.

KPMG: Africa’s Game Industry Earns Less Than 1% of $187bn Global Revenue

The report said only 3 per cent of the 66 sampled studios across 23 African countries were able to reach the $1 million revenue mark.

Godongwana wanted to raise Vat: The pros and cons of a tricky tax

The hike was expected to raise an additional R60bn in revenue, but would temporarily raise inflation and have a negative impact on business income and profitability.

Unpacking tax-free savings accounts

Learn how to utilise this vehicle to its maximum potential.

South Africa’s plan to hike VAT to 17%

This would have taken effect from 1 April 2025.

Tax hikes and Eskom cuts: Inside the ‘cancelled’ 2025 Budget

The documents confirmed the increase in VAT to 17%, which was widely unexpected by experts in the build-up to the speech.

Inside Treasury’s plans to shield poor from VAT hike

Basket of tax-exempt essential food items is expected to be expanded