Efficient Group Chief Economist Dawie Roodt warns that South Africans are overtaxed and that the government is in for a harsh ...

According to last year’s Budget Review, only 7.1 million South Africans pay personal income tax out of a population of 62 million.

Tax bracket creep occurs when your salary increases due to inflation, but tax brackets are not adjusted accordingly. As a result, you may end up paying a higher percentage of your income in taxes, ...