South African Budget - 2013

Budget 2013 Downloads

Budget Speech 2013 (643 Kb PDF)
Budget Speech Summary 2013 (743 Kb PDF)
Pocket Tax Guide 2013 (230.61 Kb PDF)
Post Budget Comments (103 Kb PDF)

Budget Tax GuideYour PwC Budget Tax guide is a quick reference of the most important tax, duty and levy related information.

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Pre-budget comments

VAT rates

No changes are expected to the VAT rate. Although there is arguably scope to increase SA's VAT rate given the relatively low rate and the growing trend to indirect taxes as a source of tax revenue globally...

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Corporate tax rates

No change is expected in the corporate tax rate of 28%. Although corporate tax revenues are expected to be under pressure in 2013/14 due to slightly lower expected economic growth, no increases ...

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Retirement reforms

In the 2012 Budget it was announced that from 1 March 2014 the tax regime for contributions to retirement funds (RAFs, pension funds and provident funds) would be aligned and caps of R250 000 ...

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Hybrid debt and excessive debt

In 2012, it was announced that hybrid debt/equity reclassification rules would be enacted. Draft legislation was prepared in 2012, but was withdrawn from the 2012 amending legislation for further consideration...

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Carbon Tax

An update is expected to be given on the proposed introduction of carbon tax. There have been no further developments since the 2012 Budget when the proposed design features and rates were announced and the draft policy paper promised to...

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Investment incentives

It is expected that the positioning of SA as the gateway for foreigners investing into Africa, will be re-affirmed. It is conceivable that previously proposed initiatives...

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Previous Budget Downloads

Budget 2012 Downloads

Budget Speech 2012 (206 Kb PDF)
Budget Speech Summary 2012 (527 Kb PDF)
Pocket Tax Guide 2012 (751 Kb PDF)
PwC Budget Predictions 2012 (457 Kb PDF)
Post Budget Comments

Budget 2011 Downloads

Budget Speech 2011 (473 Kb PDF)
Pocket Tax Guide 2011 (469.31 Kb PDF)
Budget Speech Summary 2011 (164 Kb PDF)

Budget 2010 Downloads

Budget 2009 Downloads

Budget Speech 2009 (330 Kb PDF)
Budget Speech 2009 Summary (287 Kb PDF)
Budget Speech 2009 Presentation (315 Kb PDF)
Pocket Tax Guide 2009 (667 Kb PDF)

The Global Tax Monitor recognises PwC as the leading firm in South Africa for tax advice, by reputation, with a strong lead over the competition. These results are based on the year-ending Q4 2012 figures, with a sample size of 100 primary buyers of tax advice in South Africa.*

Launched in 2000, the Global Tax Monitor (GTM) is an independent survey conducted by research agency TNS, that examines the competitive position of the top firms in the tax advisory market — globally, regionally, nationally and on an industry basis. It provides a comprehensive measure of firm reputation, client service and brand health, gained currently from just over 3,000 telephone interviews annually with key decision makers (CFOs and Tax Directors) in 37 key markets.