2018 BUDGET SPEECH SUMMARY

1. INTRODUCTION

The following is a summary of and some comment on the tax related budget proposals announced by the Minister of Finance on 21 February 2018.

2. BUDGET HIGHLIGHTS

The tax policy proposals are expected to result in an overall increase in certain taxes and levies which will raise an additional R36 billion revenue. Refer to Chapter 4 (page 41) of the 2018 Budget Review documents for further details.

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