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 THE BUDGET AND BUSINESS
Wine makers want more back from excise and VAT earnings 2008-02-27 06:00:01
The government, which made about R3 billion a year in excise duties from the wine and spirits industry, should contribute substantially more to the industry so it could be more competitive and better promote the image of local wine, said Johan van Rooyen, the chief executive of the South African Wine Industry Council.
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Cities win R6.5bn over three years 2008-02-25 06:00:01
Municipalities are to receive an additional R6.5 billion through the local government equitable share over the next three financial years. National transfers to municipalities will grow by 14.5 percent this year - more than twice the rate of inflation.
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Proposed car emissions tax ‘entirely misplaced’ 2008-02-21 11:04:01
The government’s vehicle emissions tax proposals have been lambasted by Tony Twine, a motor industry analyst and Econometrix director.
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Ineffective HIV treatment is costly – and dangerous 2008-02-21 11:07:01
The average workforce HIV infection rate has been conservatively put at 18.8 percent – ranging from 10 percent to 59 percent in different industries, at a major cost to the economy and company bottom lines.
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Government gives Eskom R60bn loan to ease finance burden 2008-02-21 09:56:01
The government has set aside R60 billion to help embattled electricity utility Eskom, but has stressed that this is a loan that will have to be repaid, and not a grant.
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Relief for companies as tax rate drops to 28% 2008-02-21 09:36:01
Corporates received good news from finance minister Trevor Manuel yesterday: a cut in the corporate tax rate from 29 percent to 28 percent.
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SA’s first carbon tax sets precedent 2008-02-21 09:38:01
In times to come, the imposition in yesterday’s budget of a 2c a kilowatt-hour levy on non-renewable sources of electricity may be seen as the point at which the government began steering the economy along a more sustainable growth path.
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Treasury seeks incentive extension 2008-02-21 09:40:01
The treasury has recommended the extension of the urban development zone tax incentive for five years to March 2014.
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Help for Richtersveld community 2008-02-20 14:12:01
Alexkor is to get R206-million over the next three years to establish a viable mining operation in partnership with the Richtersveld community.
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Taxman gets tougher on real-time disclosure of complex transactions 2007-11-29 06:00:01
The SA Revenue Service (Sars) may soon insist that companies should submit information regarding complex transactions in real time.
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Small business responds to Sars amnesty 2007-11-01 06:00:01
About 300 000 small businesses took the opportunity offered by SA Revenue Service (Sars) to regularise their tax affairs, according to the medium-term budget policy statement announced by finance minister Trevor Manuel on Tuesday.
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