Skip to content
OrbitaxOrbitax

Budget for 2009-10 – direct taxation

|Proposed Changes|South Africa
South Africa

The Budget for 2009-10 was presented to the Parliament by the Minister of Finance on 11 February 2009. Details of the Budget regarding direct taxation, which unless otherwise indicated will apply from 1 March 2009, are summarized below.

(a) Corporate taxation. Proposals include:

…
-   to grant an additional capital allowance of up to 15% to companies investing in energy-efficient equipment;

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.