In the National Treasury’s latest published Draft Tax Bills, which incorporates the tax proposals made in the 2021 Budget, the amendment proposes a particularly worrying amendment which may upend taxpayers’ carefully planned retirement. The Draft Taxation Laws Amendment Bill (TLAB) proposes an additional “exit tax” to tax retirement fund interests of individuals when they cease South African tax residency. This proposed amendment, due to come into operation on 1 March 2022, would be a further blow to emigrating South Africans wanting to cease their tax residency, following on from the three-year lock-in rule imposed on retirement annuities earlier this year.
Emigration Tax? ANC Regime to Charge Emigrating South Africans an Additional “Exit Tax” on Retirement Funds!
Fitch Rating Agency Warns ANC Regime over Uncontrolled Spending and Unproductive Public Sector Salaries!
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In a study published last week, the Fitch credit rating agency has warned the ANC government, which is still reluctant to consider public sector salary demands for the next three-year term, over it’s inability to exercise control over spending, which could lead to further budget problems.
ANC Government’s National Health Insurance (NHI) Being Pushed Through for 2022
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The Council on Medical Schemes says the ANC government’s plan to start a National Health Insurance (NHI) is well underway, and the plan has already been advanced to implement phase 3 of the program next year.
VIDEO: #Dirkiesdorp is South Africa’s Mini #GeorgeFloyd: SAPS Investigating Officer Admits in Court that Only Accounts From Black Protesters Were Taken!
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On the same day that the US policeman Derek Chauvin, who arrested George Floyd, was found guilty in a screaming one-sided press and court, South Africa had its own version of black privilege in Piet Retief! If anyone still believed that the SA Police and court did not do a “frame job” on the group of arrested farmers from Dirkiesdorp, such white-guilt driven thoughts were properly annulled in court on Tuesday.
Reporters Without Borders (RSF) Slams EFF & ANC Regime for Increased Censorship & Authoritarianism During Covid19 Pandemic!
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Reporters Without Borders (RSF) have released their annual report on Press Freedom, citing a “dramatic deterioration” in press freedom globally, during the pandemic, citing THREE TIMES more arrests & attacks in Africa. It accused the EFF & ANC regime in South Africa of abusing Apartheid-era legislation and terrorism laws to limit coverage of government institutions, falsely claiming “national interest” to be at risk. The report says ANC state security agencies spy on some journalists and tap their phones, while some are harassed and subjected to intimidation or smear campaigns if they try to cover certain subjects, involving the African National Congress regime (ANC), its government finances, the redistribution of white owned land without compensation to blacks or corruption.
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VIDEO: A Year Ago You Thought Ramaphosa was Joking When he Said he Would Extend Lockdown for a Whole Year? NEVER Underestimate the Evil of Socialism!
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WAS IT ALL PLANNED? A year ago, when Ramaphosa announced that lockdown would last till 16 April, he joked privately with some friends on a video call, that he meant the lockdown would last till April 16 next year (2021)! It is very scary that he was even aware of such a thing being possible… was it all planned in advance? To be joking about something that had the whole nation and world gripped in fear, seemed very callous and out of place at the time, but clearly he was aware of something we were not… who briefed him on the plan?
Did instructions come from a higher power overseas?
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Whites Excluded by Law in South Africa! Even Emergency Covid19 Relief Funds Withheld from Whites by the ANC Black Majority Government!
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“THE STRUGGLE” for Black Supremacy: The ANC regime have officially become what they allegedly fought against, by legislating race based regulations! Despite legal challenges, the Department of Tourism has announced that it’s controversial “if you are white, you are out” assistance package, of R1, 2 Billion is to proceed and whites will officially be excluded!
Accusing the ANC of Black Supremacism, Dirk Hermann of Solidarity Trade Union has said that race – only giving opportunities to black people – is clearly a super right in South Africa, which is not even subjected to any lockdown.
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