DStv Channel 403 Saturday, 21 December 2024

2024 budget speech | Taxing times for Finance Minister

JOHANNESBURG - It's almost time for the annual Budget Speech.

Finance Minister Enoch Godongwana projects government will miss its revenue targets by nearly R57-billion this year.

A further R54-billion shortfall is expected next year.

READ: Budget 2024 | Cosatu has high expectations

The minister has already warned us to brace for financial challenges, including a weaker economy and reduced government spending.

But what kind of decisions can citizens expect on tax?

Some say he will be reluctant to increase income tax for low and middle-income earners in an election year.

We unpack this with tax expert Keith Engel.

Taxing times for Finance Minister Part 2
Taxing times for Finance Minister Part 3
Taxing times for Finance Minister Part 4
Taxing times for Finance Minister Part 5

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