The deadline for 2019’s tax season is 4 December, just less than a month away, so it’s time to seriously focus on your tax returns. Last week, Tito Mboweni, the finance minister confirmed during his medium-term budget announcement that SA is facing yet another large tax revenue shortfall. Projected tax revenues grew by only 3.7% this year but Treasury was budgeting on growth of 10.4% to meet its budget commitments. (more…)
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