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Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally (Dean Hutton/ Bloomberg/ Getty Images)
DAVIS TAX COMMITTEE

Wealth taxes and loosening monetary policy is playing with fire

A response to the article ‘Tax the superrich and raise inflation to cut state debt, inequality and poverty’ in the M&G on 10 November

  • Jannie Rossouw
  • Fanie Joubert
8 min read
South Africa’s buildings account for 40% of the country’s greenhouse gas emissions.
CAPITAL GAINS TAX

Is a wealth tax the answer?

More wealth taxes may soon be a reality for east African countries in the wake of Covid-19

  • Melissa Duffy
  • Aliya Khanbhai
4 min read
And as South Africa marks Human Rights Day, thirty years after human dignity was written into law, this is the reckoning we cannot postpone.
CORONAVIRUS

SA’s richest 3 500 own more than the bottom 32-million

When people call South Africa the most unequal country in the world, they’re talking about income. Now, we have a clear picture of how unequally the country’s wealth is distributed

  • Dennis Webster
5 min read
Judge Robert Nugent asked Momoniat to go through his submission on proposed amendments to the way SARS functions.
DAVIS TAX COMMITTEE

Sars shortfall to blame for VAT hike – Treasury

Treasury would not have needed to increase value added tax if not for the revenue shortfall at Sars says deputy director general at treasury

  • Tehillah Nieselow
3 min read
Egyptian President Abdel Fattah al-Sisi and Russian President Vladimir Putin. Egypt seems likely to be the next African country with nuclear energy.
DAVIS TAX COMMITTEE

Finding wealth in a sea of poverty

The Davis tax committee says accurate data is needed before a wealth tax can be introduced

  • Tebogo Tshwane
6 min read
(John McCann)
CYRIL RAMAPHOSA

The Budget will test Cyril’s mettle

He has very little room to manoeuvre – and the ratings agencies will be watching very closely

  • Lynley Donnelly
5 min read
Sars says: ‘teams have been assembled to focus on outstanding returns and the imposition of administrative penalties and its impact on compliance levels’
DAVIS TAX COMMITTEE

Tax burden falls on a few firms

On top of that, Sars has seen a gradual increase of tax noncompliance from both individuals and companies

  • Tebogo Tshwane
6 min read
Priorities: Tax committee chairperson Dennis Davis says the poorest should be considered first
DAVIS TAX COMMITTEE

No money = no free fees, no health aid

The Davis tax committee’s reports make it clear that neither free higher education for all nor the NHI can be fully funded by the state

  • Staff Reporter
6 min read