BUDGET SPEECH 2025 SYNOPSIS
The Budget Speech of 2025 was not as devastating as initially expected with the rumours of the 2% VAT increase, although VAT did not remain untouched.
Articles
VAT HIKE – WHAT IF IT HAPPENS?
The postponement of the budget speech which was set to take place on Wednesday, 19 February 2025 has left the country questioning exactly what could have been in the budget that was so controversial that the speech could not go ahead but had to be postponed until 12 March 2025.
When is it greener on the other side?
It is important for South Africa, on a global stage, to be able to illustrate our commitment to reducing and combating the impact of climate change. However, the real commitment is firstly to the people of South Africa who are most vulnerable and must have their social, economic and environmental rights protected.
What to do with a tax liability
In the current climate with taxpayers having to juggle, amongst other things, the devastating effects of Covid, with the unforeseen losses of the civil unrest, it may be that some could find themselves in a difficult position to deal with expected and unexpected tax liabilities.
SARS the Unequal Opponent
It is well known that litigation in any court can be a protracted battle. It is a journey that litigants have to be prepared for, both mentally and financially. In the midst of it all, one should weigh up the principles (the subject matter) of the dispute and the commercial advantages of finding a resolution to the matter.