Budget Speech 2023 Highlights - in 8 minutes!

Budget Speech 2023 Review South Africa - Highlights - all you need to know for small business and individuals!

In this video I did a quick 2023 budget speech review and looked at what is relevant to individuals and small business.

Here is the link to the guide

https://www.treasury.gov.za/do....cuments/National%20B

I went through the guide released on the treasury's website and gave some commentary on some of the highs and lows of this years budget speech!

There was some relief and some good news for individuals and small businesses!

I also briefly touched on solar tax incentives for individuals and companies.

In a nutshell the tax tables have been adjusted so you will have a tax saving on your salary from end of March. There has also been an adjustment to the medical tax credits, and company tax rates have been reduced from 28% to 27% in the 2024 tax year.

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Presented by Heinrich Grove, director at SA Accounting Network PTY Ltd

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