National Budget Speech 2022 – Highlights

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By Virusha Subban, Partner, Head of Indirect Tax, Jana Botha, Tax Consultant, Denny Da Silva, Associate Director, and Prenisha Martin, Advanced Associate, Tax Practice, Baker McKenzie Johannesburg

Baker McKenzie’s tax team in Johannesburg  analyse the South African National Budget Speech, delivered on Wednesday 23 February 2022 by Finance Minister Enoch Godongwana. The overview includes developments regarding corporate tax, international tax, VAT, carbon tax, as well as customs and excise, other indirect taxes, tax administration, and exchange control.