South Africa: Minister Dishes Out Some Good News Amid Taxing Times

25 February 2015

While the tax proposals regime announced in the 2015 National Budget signalled difficult times ahead, Finance Minister Nhlanhla Nene also announced new tax breaks that would ease the burden on the already strained working and middle class income earners.

While the super-rich will pay more on property transfer pricing, the Minister delivered good news to citizens who will purchase property worth less than R750 000.

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