The purpose of the exemption is to strengthen the Government’s programs designed to fight COVID -19, after having declared a National State of Disaster published in Government Notice No. 313 of Government Gazette No. 43096 on 15 March 2020.

South Africa’s Wealth Tax Debate
As South Africa grapples with a growing revenue shortfall, discussions around implementing a wealth tax have resurfaced, sparking renewed concerns among taxpayers, economists, and financial