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 THE BUDGET AND BUSINESS
Sasol's share tumbles 8% after surprise windfall tax proposal 2006-02-16 06:00:01
A surprise announcement in the budget yesterday that the government is considering a windfall tax on the profits of South Africa's synthetic fuel producers lopped 8.3 percent off Sasol shares on the JSE.
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Tax relief will benefit low-end retailers 2006-02-16 05:00:01
Tax relief for bottom- and middle-income earners would contribute towards a continuation of steady growth in retail sales, wealth manager BOE Private Clients analyst Barbara Price-Hughes said yesterday.
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Tax amnesty in sight for small firms 2006-02-16 06:00:01
With the exchange control amnesty more or less wrapped up, the government had set its sights on a tax amnesty for small business, starting with the taxi industry, Trevor Manuel said yesterday.
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Growth stance lauded, but companies moan over tax 2006-02-16 05:00:01
Finance minister Trevor Manuel's 2006/07 budget yesterday generally won praise all round for its sound fiscal policy and pro-growth stance.
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Construction sector major winner of budget 2006-02-15 17:02:01
South Africa's construction sector is the major winner of the national budget, with analysts already factoring in a doubling of public sector capital expenditure.
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 Budget pushes up fuel prices
 Housing budget rockets
 Rail, bus subsidies dominate transport budget
Company tax cuts total R7bn 2006-02-15 14:48:01
The South African government will eliminate all Regional Service Council (RSC) levies with effect from June 30, 2006, thus providing significant direct tax relief to companies amounting to R7 billion.
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SMMEs get further tax relief, amnesty 2006-02-15 14:50:01
Small businesses in South Africa have received tax breaks, as well as an offer of tax amnesty, as part of the government's tax proposals in its 2006 Budget
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Manuel hands out tax cuts 2006-02-15 14:15:01
Individuals and companies are to benefit from tax cuts totaling R19.1 billion in terms of the 2006/07 budget announced by Finance Minister Trevor Manuel on Wednesday.
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Minibus taxis first to be targeted by tax amnesty 2006-02-15 14:12:01
A special amnesty that will allow the taxman to waive taxes owed by small businesses is on the cards for companies with an annual turnover of less than R5 million.
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Manuel bemoans SMME bottleneck 2005-09-22 06:00:01
Finance minister Trevor Manuel said yesterday that the government had set aside R1.4 billion this year to help small, medium and micro enterprises (SMMEs), but not enough money was filtering through to the sector, which contributes about 30 percent to gross domestic product.
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