by Guthrie Colananni Attorneys | Jan 27, 2023 | Economy, Tax
“Finally, we pay tribute to the millions of South Africans, whose resilience and courage during these times of pandemic and economic hardship, is an inspiration to all of us who have the privilege to serve in the public sector.” (From the 2022 Budget Speech) Finance...
by Guthrie Colananni Attorneys | Jan 26, 2022 | Economy, Tax
Finance Minister Enoch Godongwana has invited the public to share suggestions on the 2022 Budget he is expected to deliver on Wednesday 23 February 2022. The Ministry of Finance: “As usual, the budget allocation always aims to strike a balance between competing...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Business, Economy, Website of the Month
No doubt we are in for at least a year or two of difficult economic conditions, but small businesses have one important advantage over larger competitors – their size keeps them agile. That means they can adapt more quickly to changing conditions, which in turn puts...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Economy, Property, Tax
“To support the property market, the threshold for transfer duties is adjusted” (Finance Minister Tito Mboweni) Transfer Duty Exemption Up Some good news for property sellers and buyers in particular is the increase in the transfer duty exemption to R1m. See the table...
