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FNB South Africa
Providing helpful tips and info. For support related queries, please go to FNB, a Div of FRB Ltd. Authorised FSP & NCRCP20
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FNB South Africa 16h
Thanks for joining us this afternoon for live updates and finance insights - we hope this will be your best year yet!
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FNB South Africa 16h
Taxation of e-cigarettes and similar products will be implemented.
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FNB South Africa 16h
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FNB South Africa 16h
Carbon tax will be implemented from 1 June 2019, with the aim of reducing South Africa's carbon emissions in line with the Paris Climate Agreement.
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FNB South Africa 16h
Government is revisiting proposals on implementing a gambling tax and public consultation will follow.
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FNB South Africa 16h
There will be R111B allocated in grants to support 2.8 million students from poor and working-class families
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FNB South Africa 16h
In the fight against poverty and inequality, Government has allocated R567 billion for additional social grant payments.
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FNB South Africa 16h
The Help to Buy subsidy pilot will receive R950 million over three years. This will help first-time buyers to purchase a home.
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FNB South Africa 16h
There will be a review of the tax treatment of surviving spouse pensions to alleviate the current tax burden.
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FNB South Africa 16h
As part of the harmonisation of pension and provident funds, the exemption of non-deductable contributions will be extended to provident funds and provident preservation funds.
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FNB South Africa 16h
South Africa gives Eskom a record bailout of 69B Rand over three years.
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FNB South Africa 16h
The luxury tax on gaming consoles will be expanded to all gaming devices
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FNB South Africa 17h
Employment tax incentive has been expanded in terms of remuneration levels - this will encourage companies to employ more young South Africans.
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FNB South Africa 17h
There will be no changes to personal tax rates but no adjustments for inflation either.
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FNB South Africa 17h
Zero increase in medical aid credits will add R1 billion to revenue.
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FNB South Africa 17h
Sugar tax increased from 2.1c per gram over 4 grams to 2.21 cents per gram from 1 April 2019
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FNB South Africa 17h
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FNB South Africa 17h
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FNB South Africa 17h
South Africa's debt peak is seen at 60.2% versus 59.6% estimated in October.
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FNB South Africa 17h
Ester Ochse from FNB Wealth and Investments talks about why every South African should care about the Budget Speech.
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