How does the Budget Speech affect you, your property transactions and your estate?

On 21 February 2018, Finance Minister Malusi Gigaba delivered his 2018 Budget Speech.Hereby a summary of the most significant proposals for the 2018/2019 Budget as tabled by the Minister of Finance: 2018/2019 Tax Proposals:  VAT: A one percentage point (1%) increase in VAT from 14% to 15%. No adjustments to the top four income tax brackets. Below inflation adjustments to …