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Proposed SA Tax Change to Put Thousands of Low-Income Families at Financial Risk 4 months ago 5 min read Share with your network! National Treasury is proposing an alteration to the Income Tax Act that will remove the ability of thousands of low income South African families to receive tax exempt bursaries for their children. The families currently benefiting from this are majority black, low-income households and this alteration, should it go ahead, will severely impact thousands of families’ ability to pay for quality education, especially significant in a post-COVID-19 economy. Vedika Andhee, a leading tax expert, says,  “COVID-19 has devastated our economy. Dual income households have become ‘single’ income’ or ‘no income’ households. Fortunately, as is the culture in South Africa, irrespective of how difficult their own circumstances, where employed family

South africaSouth africanYunus carrimMonica mphofuElzahne hennJako le rouxMarli bothaKholofelo monyelaVedika andheeCommittee onCommittee on finance in parliamentNational treasuryIncome tax actHuman capital consultantSelect committeeTax consulting