The dividends tax hike to 20% is quite a lot.
— Marc Sevitz, TaxTim
If you earn R15 000 per month you’ll have R11 extra in your bank account. But inflation will take that away.
— Marc Sevitz, TaxTim
The tax free savings contribution hike from R30 000 to R33 000 is good. It’s more than an inflation increase.
— Marc Sevitz, TaxTim
The Money Show’s Bruce Whitfield interviewed TaxTim cofounder Marc Sevitz.
Sevitz analysed the Budget Speech Finance Minister Pravin Gordhan delivered on Wednesday.
For more detail listen to the interview in the audio below.
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