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Budget for 2013-14 – presented to Parliament

|Proposed Changes|South Africa
South Africa

The Budget for 2013-14 was presented to Parliament by the Minister of Finance on 27 February 2013. The most important features of the Budget, which will generally apply from 1 March 2013, are as follows:

-   proposal to initiate a tax review to assess the tax policy framework and its role in supporting the objectives of inclusive growth, development and fiscal sustainability;
-   proposal to increase personal income tax relief and make adjustme…

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