OrbitaxBudget for 2013-14 – direct taxes
|Approved Changes|South Africa
The Budget for 2013-14 was presented to Parliament by the Minister of Finance. Details of the Budget are summarized below. Unless otherwise indicated, the corporate taxation measures apply from 1 April 2013, while the personal taxation measures apply from 1 March 2013.
(a) Corporate taxation
| - | Proposal to increase the turnover threshold and revise the graduated rate structure for small business corporations as follows: … |