SA’s tax regime compared to other countries
Senior tax manager at Deloitte, Lance Collop, chats to Cape Talk's Kieno Kammies about SA’s tax regime being compared to other countries.
JOHANNESBURG - We all work hard for our money. Some more than most. But if we're earning our keep above board, we pay tax on it.
The general rule is, the more you earn, not only do you pay more towards the state's coffers, but you also fork out a higher percentage.
Tax rates however vary from country to country as countries need to balance what they need to spend against what they can get from their taxpayers, whether individuals or corporates.
Listen to the SoundCloud above as Senior Tax Manager at Deloitte, Lance Collop, explains.