Good News Budget

[Don]

I think it was a fairly Good one, I mean its "Business Friendly", brings tax relief, reduced corporate taxes, financial support for Eskom's programme to build power stations, a new electricity levy, more social spending and a boost for job creation.

If the DA sais yes to it then it was a good one, I listen to some of our Political Leaders commenting on it and most said it was a faily good budget given the circumstances and I agree. The statu quo in the Political fratenity made things difficult for the current government to function properly but Trevor pulled it off despite the circumstances.

Most importantly "Hope was restored", it offered hope for better times ahead...We are in this Together.

[IanF]

What worries me is if the DA like something the ANC run a mile, but it is changing since Tony Leon stepped down.

[duncan drennan]

Does anyone know what date the VAT registration limit will change on?

[Dave A]

Are you planning to deregister, Duncan?

[duncan drennan]

We recently sent the forms in for my wife's business, but she would prefer not to have to worry about it.

I gave them a call, and they said it will only change in 2009.

[Dave A]

Duncan, I think you might have got a "kick for touch" answer.

My auditors said it could be as soon as end of March. The effective date has not been released yet, but that is the budget cycle end of year. No guarantees, but in truth no-one seems to know for sure yet.

It does make me wonder about all the shop owners who increase the price of the sin tax products within hours of the budget speech, though.