Taxes likely to be raised 2018o



Good morning

SA need to get out a hole. We have more people on grants than working. Can we cut grants to raise capital? 

VAT

Likely to be increased to raise capital 

Estate Duty tax increase?

Trust tax increase?

Wealth tax is already at 45 percent

Company tax increase?

Personal tax  likely to increase?

Sugar tax will kick off

Sin tax likely to increase

If all these happen you need to earn more as what you earned last year wont help you pay increased taxes 

Others

Kids fees gping up failed or not

Business rent goes up

Lesson

Dont get into new debts before Feb budget speech in 2018


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