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Tag: Tax Incentive

Investors flock to Section 12J, as the bell tolls on the tax incentive

Many last-minute investors kept the Section 12J sector burning the midnight oil as the 28 February tax deadline drew near, with some fund managers recording a significant increase in capital raised....

Eight focus points of the budget speech 2016/17

During his Medium-Term Budget Speech (MTBPS) on 21 October 2015, the then Minister of Finance, Nhlanhla Nene, prepared us that government’s revenue shortfall will again be of paramount importance come the...

Incentivising oil and gas companies in South Africa

Over the last few years, there has been a steady upswing in the level of activity in the oil and gas industry in South Africa (SA.) Oil and gas companies...

Tax free savings

The South African National Treasury has drafted various proposals around retirement reform to encourage citizens to get into the habit of saving for their retirement. Over the years government has...

Employment tax incentives leads to 270,000 new jobs

The implementation of the Employment Tax Incentive Act has resulted in 270,000 young people getting jobs ever since its inception, the National Treasury said. National Treasury spokesperson Jabulani Sikhakhane said...

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Woolies ESD programme backs 32 businesses with R391.7m in support in...

By Larry Claasen Woolworths’s Enterprise and Supplier Development (ESD) programme has given emerging businesses a much-needed boost by providing “procurement opportunities” to the value of...

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