Following the presentation of the 2022/23 Budget Speech by the Cabinet Secretary for the National Treasury, we have prepared budget highlights summarizing the key tax and related measures as well as priorities and reforms proposed for various sectors.
As part of the annual budget process, Deloitte has released its annual budget highlights document, summarizing the key tax measures and related aspects including the priorities and reforms proposed for various sectors.
Although the Finance Bill 2022 has not been published, this year’s budget appears to have minimal tax changes which should ideally be the norm as it assures some level of stability of the tax policy.