2023 Budget Speech – Tax Relief, or Reckoning?

With the 2023 Annual Budget Speech around the corner, Commissioner of the South African Revenue Service (“SARS”), Edward Kieswetter, has been quite vocal in stating there will be no increase in current tax rates, nor the imposition of any further taxes, including a “wealth tax” as alluded to in last year’s address.

Jashwin Baijoo
Head of Strategic Engagement & Compliance