Insights categories - developing your advice business
Video
Developing your advice business

2025 Budget highlights

While much of the attention in the 2025 Budget was on Finance Minister Enoch Godongwana’s contentious proposal to increase value-added tax (VAT), there were several other aspects worth noting. At the Tax and legal update, held on 20 March 2025, manager in the Tax team Meagan Fraser examined the VAT increase proposal and delved into other suggested changes on the table, including Treasury’s stance on the tax treatment of capital gains from unit trust investments and amendments to the rules for transfers between retirement annuity funds. Watch the 6-minute recording below.

 

See more from Tax and legal update 2025:

To view all the Tax and legal update 2025 content, click here.

Select a site

The financial services, products or investments referred to on this website are not available to persons resident in jurisdictions where their availability or distribution would contravene local laws or regulations and the information on this website is not intended for use by these persons. This website is for information only and does not in any way constitute a solicitation or offer by Allan Gray Proprietary Limited or any of its associates or subsidiaries (collectively “Allan Gray”) to buy or sell any financial instruments or to provide any investment advice or service.

By selecting one of the countries below I confirm that I have read and understood the above and that:

(a) I am not a South African citizen; or 
(b) I do not reside in the Republic of South Africa; or 
(c) I am not otherwise a person to whom the communication of the information contained in this website is prohibited by the laws of my home jurisdiction; and 
(d) I am not acting for the benefit of any such persons mentioned in (a),(b) and (c) and 
(e) I confirm that any investment with Allan Gray is based on my own initiative and not due to any offer or solicitation by Allan Gray.