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In 2019 the 17.1% of all South African taxpayers were located in the Western Cape; the province contributed 16.9% of the country's total taxable income thereby contributing to just under R 269.58 billion to the fiscus. [16] Below is a breakdown of the Western Cape governments 2021/22 budget.
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
21 October- The 2021 South African metalworkers strike ends, with workers represented by the National Union of Metalworkers of South Africa winning a 5-6% annual pay increase 22 October - Following a high-profile trial ex-police officer Nomia Rosemary Ndlovu is convicted of murdering five relatives and her boyfriend over several years.
In the four years since first being established in early 2020 by the Royal Commission for AlUla (RCU), Film AlUla has quickly positioned itself as one of the fastest-rising film destinations in ...
Categories of Tax within South Africa Type of tax Revenue in Rands 2017/18 Percentage of Total Revenue Income and Profits: R 711.7 bn: 58.5% Payroll and workforce: R 16.0 bn: 1.3% Property: R 16.5 bn: 1.4% Domestic goods and services: R 422.2 bn: 34.7% International trade and transactions: R 49.9 bn: 4.1% Miscellaneous State Revenue (R 0.0024 ...
These granted tax credits on PEV vehicles will phase out once 200,000 plug-in vehicles are sold by each manufacturer in the U.S. [282] During this phase out period after 200,000 plug-in car sales, qualified producers will experience a drop in a tax credit of $7,500 to $3,750 for the next 6 months followed by a drop to $1,875 for another 6 ...
Higher levels of omega-6 fatty acids often found in ultraprocessed foods may interfere with the immune system’s fight against cancer cells, a new study says.
So, if you didn’t file that 2021 tax return — surprise — you won’t get a rebate. However, the state has extended filing a 2021 tax return until Feb. 15.