Budget 2019

[Vox Populi Vox Dei]

There will be little room for significant tax increases in this year’s budget. However, tax commentators believe it is a good opportunity for finance minister Tito Mboweni to introduce some of the many recommendations made by government-appointed committees and commissions.

https://www.moneyweb.co.za/moneyweb...room-for-higher-taxes-plenty-for-improvement/

 

[mandana]

Tito has gone grey

 

[Sinbad]

• Plans to tax electronic cigarettes and tobacco heating products

yay. Tax the douche flute.

 

[mandana]

Argh! now i need to give up that too

 

[ShaunSA]

Full speech

http://www.treasury.gov.za/documents/national budget/2019/speech/speech.pdf

 

[ShaunSA]

Tax guide

http://www.treasury.gov.za/documents/national budget/2019/sars/Budget 2019 Tax Guide.pdf

 

[Lew Skannen]

• Plans to tax electronic cigarettes and tobacco heating products

yay. Tax the douche flute.

Illegal Zim imported cigarettes....

Much cheaper. No taxes. No electricity required.

Sorted.

 

[OCP]

Illegal Zim imported cigarettes....

Much cheaper. No taxes. No electricity required.

Sorted.

No great economics of scale if it involves a 4000km roundtrip to get a few cartons ;-)

 

[Pitbull]

We're already having issues with the fuel price. So much so the Government extended a increase by a month. Now they lump an additional 30c on top of the fuel price?

 

[Emjay]

Illegal Zim imported cigarettes....

Much cheaper. No taxes. No electricity required.

Sorted.

A better idea is to give the habit up. I know it's unthinkable, but it can be done.

 

[Sinbad]

"We need to build a strong culture of payment for services in this country".
Talking about boycotting payments during apartheid.... "today I ask you and the other gallant fighters against the apartheid system to go back to the people and encourage them to pay for services now"

 

[rietrot]

No great economics of scale if it involves a 4000km roundtrip to get a few cartons ;-)

You get it at your local corner Cafe/ spaza shop.

 

[konfab]

Notice how they haven't adjusted the tax brackets for inflation.
Nice stealth income tax increase

 

[Sinbad]

Notice how they haven't adjusted the tax brackets for inflation.
Nice stealth income tax increase

Is it stealth if he says in the next breath how much extra it's going to raise?

You're very naive if you didn't expect a personal tax increase in this budget

 

[Y'all Qaeda]

We're already having issues with the fuel price. So much so the Government extended a increase by a month. Now they lump an additional 30c on top of the fuel price?

Yeah. The knock on of this, is going to give them many many rands extra. Everything in the shops are going to be more expensive and hey, this means they get even more out of the 15% VAT increase from last year. And yippee, we're giving additional money to that pit of despair called the Road Accident Fund.

 

[konfab]

Is it stealth if he says in the next breath how much extra it's going to raise?

You're very naive if you didn't expect a personal tax increase in this budget

It is stealth because it will allow the government propaganda channels to tell the working proles they are not paying any more tax.

 

[daveza]

Did I hear him suggest we should be growing weed for export ?

 

[Y'all Qaeda]

Notice how they haven't adjusted the tax brackets for inflation.
Nice stealth income tax increase

It's only an increase if you get a raise this year.

#Lifehack: Fail your performance reviews, to pay less taxes.

EDIT: NVM. I'm stupid.. We're still paying more, cause we're not getting a cut.

 

[D.B.Cooper]

We need to build a strong culture of payment for services in this country

That ship has sailed... and sunk.

 

[Lew Skannen]

No great economics of scale if it involves a 4000km roundtrip to get a few cartons ;-)

Or simply less than a 1km trip to a local Chinese store selling them at R10 a packet. No need to travel abroad. These cigarettes are easily obtainable anywhere.