Managers of Wealth Africa

‘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

VAT blow to South Africa

Many countries, including South Africa and most of Europe, charge a value-added tax on goods and services imported into their countries.

Tax hike warning, and legal trouble for top KZN estate

On Monday (17 February), the rand strengthened slightly, trading at R18.34 to the dollar, R23.09 to the pound and R19.23 to the euro. Oil is trading lower at $74.91 a barrel.

KPMG Introduces Tax Orbit to Simplify Tax Compliance in Nigeria

Tax Orbit presents a proactive solution for businesses to navigate Nigeria’s tax landscape while helping companies reduce the risk of unexpected tax bills.

Warning over medical aid tax credits, wealth tax and more in South Africa

Every year, the finance minister seeks input from the country on how to manage the state’s finances and what they want to get out of the budget.