Home
/
Our Insights
/
Article Detail
/
Home
/
Home
|
Login
Our Team
Our Expertise
Our Insights
BOOK CONSULTATION
SUBSCRIBE
Our Team
Our Expertise
Our Insights
You can share this article in the following networks2:
The budget speech & your finances: What you need to know
26 March 2025 ,
André van Niekerk
,
Dr Damian Viviers
,
Francois Fouché
,
Tanya Strauss
1269
The national budget isn’t just about numbers - it shapes the legal, tax, and regulatory realities that affect every South African resident. Whether you're an individual taxpayer, trustee, business owner, or corporate executive, understanding the implications of the 2025 Budget Speech is crucial for informed decision-making.
That’s why our expert panel, featuring
Francois Fouche
,
Tanya Strauss
, and
Andrè van Niekerk
, alongside
Brendon Jones
, CEO of the Adansonia Group, unpacked key takeaways from the 2025 national budget. Facilitated by
Dr Damian Viviers
from PH Attorneys, this discussion covered everything from potential tax changes to compliance shifts that could impact your personal and business finances and planning.
Some of the takeaways you don’t want to miss:
Taxation:
In terms of taxation, we did not see the usual bracket relief that we have come to expect over time.
Discussions around wealth tax are gaining momentum. While South Africa already has a form of wealth tax, it appears that an additional type may be on the cards in future. This is unlikely to be the last we hear on the matter. As advisors and planners, we will need to remain aware of this possibility.
Economic risks:
Current global uncertainties hold economic risk. Advisors must understand the fluidity of the current landscape and ensure client strategies and planning are flexible and able to adjust rapidly to changing circumstances.
Retirement & Immigration:
You might be impacted by the budget if you are a South African wishing to return and retire in South Africa, or a foreigner looking to retire in the country. Currently, lump sums and pension annuities received by South African residents from foreign retirement funds or salaries earned outside South Africa are usually exempt from tax. The budget has flagged this as a potential loophole, and the proposal aims to remove this exemption.
These insights—and more—were dissected by our panel of experts.
LISTEN to the full discussion below:
Listen: 2025 Budget Speech webinar
Previous
#HumanRights: Protecting medical privacy under POPIA
Next
Can your cell phone get you fired?
Related Expertise:
Corporate Trusteeship
,
Estate Planning
,
Fiduciary Accounting and Tax Compliance
,
Tax Advisory
,
Wills and Trusts
Related Sectors:
Wealth Management
Tags:
2025 Budget Speech
,
2025 Budget Speech South Africa
,
Budget Speech impact on finances
,
Financial Emigration
,
Personal tax changes South Africa
,
South Africa Budget 2025
,
South African economy
,
Tax Advice
,
Wealth Tax
Teams:
Compliance Team
,
Corporate Advisory Team
,
Estate Planning Team
,
Tax Advisory Team
,
Tax and Accounting Team
,
Trust Office Team
Share:
Talk to us
Get in touch with us to discuss how we can help you with your Corporate Trusteeship challenges
Get in touch
Popular Insights
VACANCY: General Legal Practitioner
The budget speech & your finances: What you need to know
Can your cell phone get you fired?
Related Insights
New SARS reporting puts trusts under the microscope
Will AI be steering the future of M&A?
Car balloon payments: Pop goes your budget!
Recent Insights
New SARS reporting puts trusts under the microscope
Will AI be steering the future of M&A?
Car balloon payments: Pop goes your budget!
You can share this article in the following networks:
Contact Us
+27 51 400 4000
law@phinc.co.za
Back to top