Responsible Tax for the Common Good

KPMG's 2016 Budget Watch

Responsible Tax for the Common Good focuses on the accountability of each stakeholder to play their part in shaping the country’s economy.

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Director Corporate Tax

KPMG in South Africa

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tax budget

KPMG's tax guide provides verything you need to know about 2016/7 tax rates.

This guide includes:

  • Income tax for individuals and special trusts
  • Which individuals must submit returns
  • Allowances and deductions
  • Fringe benefits
  • Exemptions
  • Deductions from income
  • Retirement and savings reforms
  • Tax-free investments
  • Medical and disability expenses
  • Taxation of lum sum benefits
  • Companies and employers
  • Which corporates must submit returns
  • CGT
  • Payroll taxes and levies
  • Employee share schemes
  • VAT
  • International tax
  • Customs and excise
  • Environmental taxes
  • Transfer duty and securities transfer tax (STT)
  • Estate duty and donations tax
  • Non-compliance penalities
  • Voluntary disclosure programme

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