2018 Budget: “Progression and Stability”. | KPMG | ZA

Tax Budget 2018

2018 Budget: “Progression and Stability”.

Theme for our 2018 Budget Day event is “Progression and Stability”.

Theme for our 2018 Budget Day event is “Progression and Stability”.

The core theme for our 2018 Budget Day event is "Progression and Stability". The main audience for this event would be key executives from large, listed and global corporates.

Why "Progression and Stability" as the theme?

Business cycle troughs... fluctuates in tax expenditures...shifting government spending...have all led to the raise of tax consciousness.

The reduced level of growth of the South African economy has meant that tax collections are falling far short of expected levels. Reduced trust between State and government exacerbates this problem.

Stability and efficiency are paramount to the tax policy debate. In periods of economic uncertainty, robust management between equity and efficiency allows for greater navigation through business cycles.

"A progressive income tax provides more stabilization than a constant rate income tax that collects the same amount of revenue." (Yale Jounal on Regulation Vol.29.2012).

Join us for various 2018 Budget Discussion events, for more information, email taxandlegal@kpmg.co.za

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