Home - BusinessDay

Tax breaks and infrastructure spend in Gordhan’s budget

Finance Minister Pravin Gordhan’s R1,1-trillion budget for 2012-13 places emphasis on infrastructure spending but allows tax breaks for individuals and companies

Broad welcome for Gordhan’s first-ever R1-trillion budget

Political parties and business groups welcome 2012-13 budget but say a clearer focus on economic growth is needed

TRANSPORT: Gauteng highway tolling to start on April 30

Finance Minister Pravin Gordhan says motorists will pay a reduced rate when the tolling of highways starts in Gauteng at the end of April

Analyst calls for toll plan to go ahead

SIN TAXES: Tobacco and alcohol duties rise again

South Africans will pay up to 8% more for cigarettes in 2012, and between 8% and 20% more for various forms of alcohol, according to the 2012-13 budget

VIDEO: Gordhan reveals sin-tax rates

INFRASTRUCTURE: Spend it or lose it, warns Gordhan

Finance Minister Pravin Gordhan warns government departments and municipalities about failure to spend their infrastructure budget allocations

Gordhan’s guidance on big spending

SMALL BUSINESS: Less tax and red tape for small enterprises

Regulatory and tax-free threshold breaks announced in Finance Minister Pravin Gordhan’s 2012-13 budget

Dozens dead, hundreds injured in Buenos Aires train crash

Commuter train crashes in busy station in Buenos Aires, killing at least 49 passengers and injuring more than 600

PERSONAL TAX: Income-tax relief for most South Africans

Amount of personal income-tax relief contained in Finance Minister Pravin Gordhan’s 2012-13 budget has increased by R3bn from last year

VIDEO: Pravin Gordhan thanks honest taxpayers

SOCIAL GRANTS: Spending soars to R111bn

Budget provides for social grants to nearly a third of the population, estimating a rise in beneficiaries to 16,8-million in 2014-15

ENVIRONMENT: South Africa to introduce carbon tax

Treasury proposes a 60% tax-free threshold on annual carbon emissions for all sectors, including electricity, petroleum, iron, steel and aluminium

PUBLIC ENTERPRISES: R700m for Denel, R350m for Alexkor

Arms company Denel to receive R700m to turn around Denel Saab Aerostructures, its loss-making aerostructure wing

TAX: Ombudsman to help taxpayers with SARS difficulties

Budget review says office will provide taxpayers with an affordable way of addressing administrative tax problems

Implats boardroom set alight

Police say no one has been injured after a boardroom was set alight at Impala Platinum’s Rustenburg operations amid continuing strike

More News

Deadly force for police use only, MPs told

Gauteng hospital chiefs get more control

De Klerk foundation joins fray over courts’ role

New ad booking system ‘to curb media buyer fraud’

Vavi urges return to work at strike-hit Implats

Highlights

Shoprite sees further rise in market share

Vavi urges return to work at strike-hit Implats

Ludeke happy to play Sharks in tough start to new Super season

Saru’s Super hopes sustain new blow

No hint of next head of Gauteng cricket

VRROOM WITH A VIEW: Full of sound and fury, but who is it for?

Opinion & Analysis

Columns

Editorials

EDITORIAL: Mulder’s clumsy gift to Zuma

EDITORIAL: A policy that was, once

DAWN: Follow India’s lead on polio

Letters

Not a socialist plot

Easing of tax can motivate business

The truth is the truth

Entrepreneurs needed

No time for fireworks

Defending the ‘racist’

Blogs

Cartoon

View all cartoons

More from Opinion & Analysis

Featured Top Stories

National

Deadly force for police use only, MPs told

	De Klerk foundation joins fray over courts’ role
	Gauteng hospital chiefs get more control
	Train factory mooted for KwaZulu-Natal

World

Australia PM battle looms after foreign minister quits

	Syrian troops kill 27 in village raids
	Greece in vote to impose losses on bondholders as part of bail-out deal
	Nato general fails to ease anger over burning of Koran

Companies

Imperial first-half earnings flat

	Passive versus active investing: which is best?
	Gordhan’s small businesses, one year on
	Massmart first-half profit up 19%

Markets

Europe’s woes drag world markets and JSE down

	Oil reaches nine-month high, Iran tension supports
	Wall Street flat after housing data; S&P near key level

Economy & Business

Inflation edges above expectations in January

	Implats boardroom set alight
	Passive versus active investing: which is best?

Sport

Proteas clinch T20 series in New Zealand

	Bucs need to beat Stars to save face after surprising defeat
	No hint of next head of Gauteng cricket

Motoring & Tech

VRROOM WITH A VIEW: Full of sound and fury, but who is it for?

	TECHNOLOGY: Social media not ‘significant’ for online sales
	PENNY HAW: Rod, app or loo is best to punish kids
	CAR OF THE YEAR: Hopefuls vie for experts’ vote

Business Life

VRROOM WITH A VIEW: Full of sound and fury, but who is it for?

	TECHNOLOGY: Social media not ‘significant’ for online sales
	PENNY HAW: Rod, app or loo is best to punish kids
	PERSONAL TECHNOLOGY: Breath of new life for the handheld console

Technology News

KEVIN O’GRADY: Privacy becomes an optional extra

	PENNY HAW: Rod, app or loo is best to punish kids
	Nano step is quantum leap for computing

Currencies	Commodities	JSE Today