Godongwana goes easy on the company tax bill

📆 27-2-2023 22:59:00
📰 FinancialMail

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There's definitely more give than take in this year's budget when it comes to corporate South Africa

The corporate tax rate will shift down to 27% from April 1 this year. Expectations are that the tax rate should ratchet down to 25% in the medium term — though this was not specifically addressed in finance minister Enoch Godongwana’s budget speech.

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