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The 2021″budget of hope”: tax reliefs, “sin taxes” hike

The 2021″budget of hope”: tax reliefs, “sin taxes” hike

AFRICAN MIRROR REPORTER SOUTH African Finance Minister Tito Mboweni today unveiled a 2021 “Budget of Hope” which contained tax relief measures, more government spending to stimulate economic activity as well as increases in the prices of alcohol and fuel. Mboweni revealed that the government has set aside R19.3-billion for the purchase of COVID-19 vaccines for a nation where over 50 000 people have died and over 1.3-million have been infected. No new taxes would be introduced to fund the vaccines, which will be provided free of charge for the majority of South Africans. He also tabled a Budget that did…
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