View Full Version : Article: Over 2000 South Africans earn over R5million per year
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More than 2000 South African taxpayers earned more than five million rand each during the 2009/10 tax year, according to a document released by the SA Revenue Service and National Treasury on Wednesday.
xrapidx
23-02-2011, 04:21 PM
Doesn't seem like much :eek:
Even the 39,372 in R1,000,001 to R2 million seems a little....
How many is employed by the Guavament and how many the private sector?
blunomore
23-02-2011, 04:32 PM
I would imagine those kinds of earnings are e.g. people earning dividends and not necessarily a salary?
Unless of course it refers to top CEOs, etc which can probably earn that kind of money.
dammit, they're onto me!!!
And I guess over 5 million South Africans earn less than R2000 per month ?
What was that again about Zuma being the 8th highest business men around?
VJB 449
23-02-2011, 04:56 PM
The document reflected taxable income. Dividends are tax free thus the figure of 2000 would be much higher if one looked at gross income.
Lord Anubis
23-02-2011, 07:43 PM
Put it in US$, this is really a very small number of people ..in any event its probably mostly "cadre's" and some old money ;)
3G4me
23-02-2011, 08:24 PM
If they "earned" it as stated then good for them, they deserve it. Nothing wrong with being rewarded for a job well done! Some of these CEO's work 16 hour days and they are very dedicated/addicted to their companies. Hats off that they are still in SA.
If, however, they were paid from taxpayer coffers for being a useless cadre/comrade employed at some money sucking parastatal/parliament, and sipping johnny walker every lunchtime for a living, then they should be ashamed and deserve to be lynched!
More than 2000 South African taxpayers earned more than five million rand each during the 2009/10 tax year, according to a document released by the SA Revenue Service and National Treasury on Wednesday.
And I am good friends with 2 of them, or so they keep telling me.
What was that again about Zuma being the 8th highest business men around?
He needs to be to support his extended and ever growing family.
VioAdmin
23-02-2011, 08:54 PM
dammit, they're onto me!!!
LMFAO!!! That's what I am saying! Who released my tax documents!!?
Schavuit
23-02-2011, 10:09 PM
ITS OVER 2000!!!!!!!
On a bit more serious note, I think that there are quite some more than 2000. Probably quite a lot of people who earn this ammount aren't reporting their full ammount earned, if anything at all. :P
Garyvdh
23-02-2011, 10:16 PM
Over 2000 South Africans earn over R5million per year!
Yes, and I am one of those! :D
... oh no.. wait... I thought they said "yearn for over R5million per year" :(
Messugga
24-02-2011, 12:57 AM
Correction: There are over 2000 people who earn over R5million per year, who aren't clever enough to dodge paying tax on it ;)
Milano
24-02-2011, 01:31 AM
A good bunch of those must be Telkom directors.