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How this year’s Budget will affect your pocket

21 February 2019 8:05 PM
Tags:
Warren Ingram
The Money Show
Budget
Bruce Whitfield
Personal finance

Warren Ingram (Galileo Capital Personal Financial Advisor) critiques this year's budget.

The 2019 National Budget in the tiniest of nutshells:

  • Minister Mboweni announced a small adjustment to the tax threshold; remaining brackets are unchanged, meaning some taxpayers will move into a new income tax bracket after a salary increase (i.e. “bracket creep”).

  • He increased the fuel levy by 30 cents a litre for petrol and 29 cents a litre for diesel.

  • Sin taxes are up.

The Money Show’s Bruce Whitfield asked Galileo Capital Personal Financial Advisor Warren Ingram critiques this year's budget.

Listen to the interview in the audio below.

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:


21 February 2019 8:05 PM
Tags:
Warren Ingram
The Money Show
Budget
Bruce Whitfield
Personal finance

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