On the 23rd of February 2022, the Minister of Finance, Mr Enoch Godongwana, delivered the National Budget Speech 2022 in Parliament.   Given the revenue improvement, the government proposes R5.2 billion in tax relief to help support the economic recovery, provide some respite from fuel tax increases and boost incentives for youth employment. Most of the relief is provided through an adjustment in personal income tax brackets and rebates.   Click here for the Budget Speech 2022
Budget Highlights Personal Income tax brackets effective from 1 March 2022 – 28 February 2023:
Medical Tax Credits  effective from 1 March 2022 – 28 February 2023:  
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