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
0 seconds of 1 minute, 26 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:26
01:26
 
Taxing times for Finance Minister Part 3
0 seconds of 1 minute, 17 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:17
01:17
 
Taxing times for Finance Minister Part 4
0 seconds of 2 minutes, 2 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
02:02
02:02
 
Taxing times for Finance Minister Part 5
0 seconds of 1 minute, 54 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:54
01:54
 

You May Also Like