How to legally pay less tax in South Africa

BusinessTech

South Africans face higher taxes in 2025 with no adjustments to income tax brackets. Financial expert advises using methods like retirement annuities and tax-free savings accounts to reduce payments to SARS. National Treasury opts for no adjustments to cover reduced VAT hike, leading to inflationary bracket creep. Measures will raise R28 billion in 2025/26 and R14.5 billion in 2026/27.
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Daily Dive
Daily Dive
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