Budget 2017 and tax: The good (there is some), the bad and the ugly

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.

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


This article first appeared on 702 : Budget 2017 and tax: The good (there is some), the bad and the ugly


Recommended

by NEWSROOM AI
Read More
'Capping fuel price will harm transformation, jobs and won’t benefit consumers'

'Capping fuel price will harm transformation, jobs and won’t benefit consumers'

The Money Show’s Bruce Whitfield interviews PetroConnect cofounder Sbonelo Mbatha.

3 risks to your retirement savings (and how to mitigate each of them)

3 risks to your retirement savings (and how to mitigate each of them)

Only 5% of South African retirement fund members will retire comfortably. Bruce Whitfield interviews advisor Warren Ingram.

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

"I have no desire for clothes. I have no desire for holidays. I have no desire for outings. All I see is the suffering of people…"

‘Budgeting’ for people who don’t budget (and probably never will)

‘Budgeting’ for people who don’t budget (and probably never will)

A simple savings plan for people who don’t like to budget. Bruce Whitfield interviews personal finance guru Warren Ingram.

You’re either a ‘money slave’ or a ‘money master’ (says author of 'My Money')

You’re either a ‘money slave’ or a ‘money master’ (says author of 'My Money')

The Money Show’s Bruce Whitfield interviews Sugar Creek financial expert and author of “My Money” Gerald Mwandiambira.

Pravin Gordhan explains his “Robin Hood” Budget Speech

Pravin Gordhan explains his “Robin Hood” Budget Speech

The Money Show’s Bruce Whitfield gets post-Budget analysis from the horse’s mouth.

Popular articles
Angry customer stops at nothing to expose bad service at upmarket hotel

Angry customer stops at nothing to expose bad service at upmarket hotel

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone Viral'.

Motorist who killed two goslings has been identified

Motorist who killed two goslings has been identified

According to the SPCA, he will be charged with contravention of the Animal Protection Act.

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

"I have no desire for clothes. I have no desire for holidays. I have no desire for outings. All I see is the suffering of people…"

Uber customer threatened with hockey stick by driver

Uber customer threatened with hockey stick by driver

An Uber customer shares how she was threatened by an Uber driver with a hockey stick after a disagreement.

Heads to roll for N2 car spinning frenzy

Heads to roll for N2 car spinning frenzy

WC Traffic Chief says there was no authorisation given for cars to be spun on a provincial road with the protection of officers.

'I felt racially profiled at Wellness Warehouse'

'I felt racially profiled at Wellness Warehouse'

Efua Prah shares how she felt she was racially profiled while shopping, a problem she says exists in many Cape Town outlets.

WATCH:  Crash, bang, wallop! How would YOU explain this to YOUR boss?

WATCH: Crash, bang, wallop! How would YOU explain this to YOUR boss?

The woman comes out of the crash without a scratch but is visibly distressed by the incident that she may have to explain later.

SPCA to open case against impatient CT man seen driving over two goslings in CBD

SPCA to open case against impatient CT man seen driving over two goslings in CBD

A family of Egyptian geese were crossing the road at the corner of Spin Street and Adderley Street, when the man drove over them.