There appears to be a gradual move towards taxing the wealthy, manifesting itself through, amongst others, an increase  of 1% on maximum personal tax rates; increase of transfer duties for properties above R2,25 million. Perhaps the Minister is preparing the wealthy for what it still to come by repeating often in his speech the need for a "value based tax system".

The target of increased revenue collection seems to be focused on, in addition to the wealthy, an increase in the tax rates, for example,: sin taxes; increase in general and RAF fuel levy; electricity and the introduction of carbon tax in 2016 (the latter 2 items will assist in funding Eskom's woes);  .  There seems to be a renewed drive to review cross border transactions with closer relations between SARB and SARS and international tax authorities.

Some proposed relief measures include: administrative relief and stimulus to small business with a turnover of less than a R1 million; temporary reduction in UIF contributions; increase in energy efficiency incentives; increase for transfer duty exemption to R750,00 and inflationary adjustments to medical scheme contribution credits.

All things considered, this budget lacks a clear and definitive message, but appears to be 1st steps towards increased focus on the wealthy.