FACT SHEET
SA Budget 2021 Summary
COVID19 has certainly challenged our existence and with it brought great uncertainly and financial strain to an already battling South African economy. It was never going to be easy to deliver a National Budget Speech in this time of turmoil, but our Finance Minister, Hon. Tito Titus Mboweni certainly gave it a good go. The term “short and sweet” best describes this budget speech. It was all over in roughly 53 minutes, probably one of the shortest budget speeches in our time. In a nutshell, there are no tax rate increases or any proposed additional taxes for 2021. Good news for individual tax payers, as we all continue to battle the COVID19 burden and a struggling economic environment.
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