Details

  • Type: Publication series
  • Date: 5/9/2013

South Africa – SPECIAL REPORT: 2013 Budget and Impact on Individuals, Employers 

KPMG in South Africa examines the 2013 budget and highlights the important measures that impact individuals – including those on international assignment – and their multinational employers. This newsletter focuses on the income tax rates and brackets, various deductions, allowances and exemptions, the capital gains tax annual exclusion, changes to the tax treatment of contributions to/withdrawals from retirement funds, modifications to the travel allowance and the taxation of company cars, and adjustments to the taxation of lump-sum benefits, amongst other measures.
 

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