Making Sense of the 2024 Budget: A Tax Perspective
Duration: 2 hours
Price: R195.00
Making Sense of the 2024 Budget: A Tax Perspective
Presenters : Dawie Roodt , Prof. Jackie Arendse
Overview
“Tax revenues are expected to increase to R2.1 trillion, or 25.1% of GDP, by 2026/27. Revenue collection, however, is projected to fall short of 2023 Budget estimates by R121.4 billion between 2024/25 and 2025/26, with tax buoyancies generally lower over the medium term”. This according to Finance Minister Enoch Godongwana’s medium-term budget policy statement presented last year November.
What does this mean for you and your clients? Will ordinary taxpayers be footing the bill for this deficit and if so, how does the Ministry plan on doing this?
Join economic and tax experts, Dawie Roodt and Prof Jackie Arendse for a morning of in-depth analysis of the announcements and developments presented by the Finance Minister. This video is crucial to any tax and accounting professional looking to gain deeper understanding of the changes in practical terms.
Video content
- Economic overview and analysis
- Tax policy aspects of the Budget
- Practical insights into the application of announcements
- Main tax amendments announced in the Budget Speech
- What can be expected in the South African tax space in the future.
Competencies developed in this video
After attending this video, you will be:
- Informed on the economic context in South Africa and possible future trends.
- Updated with important and current changes in tax legislation introduced in the Budget Speech.
- Equipped to advise clients about the impact of the latest tax amendments announced in the
- Budget Speech on their finances, tax compliance and future planning opportunities.
- Prepared to train your staff on implementing the latest tax amendments announced in the Budget Speech.
- Informed about topics to include in summarised client communications regarding the specific tax amendments introduced in the Budget Speech.
- Competent to revise the tax planning strategy of clients for the 2024/2025 tax year.