Budget 2020: Tips for Tito – Make Your Voice Count!
On 26 February 2020 the Minister of Finance, Tito Mboweni, will be making his annual budget speech.
Traditionally, the Minister asks the public what they would like to see in the budget and a “Budget Tips” portal on the National Treasury website is open. Citizens are encouraged to submit their tips to the Minister either on that Portal or by Twitter @TreasuryRSA with the hashtag #TipsForMinFin and “#RSABudget2019” (presumably Treasury will update that hashtag to 2020). This year he asks in particular for your views on “What can government do to achieve faster and more equitable economic growth?”
If you have ideas, make your voice count! Last year there were many differing tips, from the amusing (give free Lotto tickets to regular electricity payers) and the serious (reduce corporate tax to 15% for companies with a turnover of less than R10 million to encourage job creation) to the overly optimistic (give a tax rebate to those who have upgraded security in their homes).
Disclaimer: The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice.