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Tuesday, August 4, 2020

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Tag: income

Shrinking SARS income shows crucial importance of business

When only three million South Africans out of a total population of 56 million pay 38% of total tax revenue through their personal income tax, it should be obvious that the...

Some Cape Town commuters spend nearly half their income on transport – Mayco member

Low-income families in outlying suburbs like Khayelitsha spend around 43% of their income on transport, says Brett Herron, Cape Town Mayoral Committee member for Transport and Urban Development. In areas...

Airbnb a boon for over-60s

JOHANNESBURG - South Africa has seen growth of nearly 40percent of senior Airbnb hosts in the past year as more senior homeowners are turning to the platform to supplement their pension. ...

This is the average take home pay in South Africa right now

The backdated salary payments in the public sector continued to spur the increase in BankservAfrica’s Take-home Pay Index for August. Real salaries showed improvements on both an annual and on...

The highest income tax rates in the world – including South Africa

Economist Mike Schussler has broken down the weighty tax burden placed on individuals in South Africa, showing that we have one of the highest tax rates in the world. In...

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Liquor industry urges government to prepare to lift alcohol ban

The liquor industry is once again calling on government to lift the ban on alcohol. Their latest call is based on suggestions by the...

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