South Africa: Tax highlights from 2019 budget speech - KPMG Global
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South Africa: Tax highlights from 2019 budget speech

South Africa: Tax highlights from 2019 budget speech

The Minister of Finance on 20 February 2019 delivered the budget speech for 2019, and while the 2019 budget proposals would not increase taxes in any category, it is proposed to increase tax collection by not adjusting for inflation and by improving the efficiency of SARS.

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The budget speech proposals include the following:

  • Appointment of a new commissioner for the South African Revenue Service (SARS) in the near future
  • Re-establishment of the SARS Large Business Unit
  • Investigations by the SARS Illicit Economy Unit of potential tax-related offences in high-risk sectors (such as the tobacco industry) in relation to activities highlighted by various commissions of enquiry
  • Strengthening the SARS information technology systems
  • Harnessing opportunities arising from information-sharing agreements with other national tax authorities
  • Appointment of an inspector-general for tax administration


Read a February 2019 report [PDF 124 KB] prepared by the KPMG member firm in South Africa

Read a tax guide 2019-2020 [PDF 622 KB] prepared by the KPMG member firm in South Africa to provide the tax rates and an overview of the tax regime in South Africa

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