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Revenue is not the major objective of the proposed tax on sugary beverages, according to Mpho Legote who is a director for VAT, Excise Duties & Sub-National Taxes at the Treasury.
The beverage industry howvever do not agree with this and are fighting the introduction of sugar tax saying that it will surely cripple the already fragile economy. But Legote says that the proposed tax on sugary beverages is not motivated by revenue raising objectives but rather for health promotion, disease prevention and addressing obesity problems.
Althought sugar tax has not yet been implemented, their is still commitment in the decision to follow through.
He goes on to say, “If the intention was just about raising revenue, there are other options such as providing limited relief for fiscal drag, increasing marginal personal income tax rates, introducing a new personal income tax bracket, raising the VAT rate and/or increases in other taxes that would have been considered”
“I think an overall VAT increase on VAT will have a much harsher impact on the poor as opposed to a tax on sugary drinks,” said Keith Engel, chief executive officer of the SA Institute of Tax Professions
Deadline to file department of Labour Compensation ROE is 31 May 2026. The new maximum assessment amount from 1 March 2026 is R 668 000 per annum. Payroll administrators please use this figure for the projected earnings capped amount when filing your Workmen’s Compensation Return of Earnings declarations.
...Did you know that there are rules for how and when you need to be paid? Section 32(2) of the BCEA stipulates: “Any remuneration paid in cash or by cheque must be given to each employee—(a) at the workplace or at a place agreed to by the employee;(b) during the...
We sympathise with staff of All Office that have been retrenched. TeamOutsourcing a division of Payslip Software processed the payrolls for All Office and was never the employer. We merely prepared the monthly payroll for your employer. As much as we want to assist staff, the Popi Act prevents us...
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