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No adjustments in personal income tax and inflation

No adjustments in personal income tax and inflation

The National Treasury has decided not to adjust personal income tax brackets and rebates for inflation in the 2025/26 financial year. This may result in a higher tax liability should you receive a salary increase. South African Institute of Taxation’s Keitumetse Sesana explains what this means.
11 minute video

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How taxes are killing South Africa’s economy

How taxes are killing South Africa’s economy

In this episode of Money, Markets and Masterminds, Citywire South Africa and Keith Engel (pictured below), CEO of the South African Institute of Taxation, break down the true impact of government tax policies. We explore whether the country is pushing past the top of the Laffer Curve, how tax complexity is strangling businesses and the economy, and why endless hikes might do more harm than good.
5 minute read

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