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Finance Standing Committee
2022 Tax Proposals; Draft Rates & Monetary Amounts & Amendment of Revenue Laws Bill
22 Mar 2022
Draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill
National Treasury and the South African Revenue Service (SARS) presented in detail the Budget tax proposals which Minister of Finance announced in the Budget Speech on 23 February 2022.
• Key proposals are a reduction of Corporate Income Tax ...
Standing Committee on Appropriations
2022 Division of Revenue Bill: SALGA Input
15 Mar 2022
The South African Local Government Association (SALGA) briefed the Standing Committee on Appropriations with its comments on the Division of Revenue Bill (DoRB). It informed the Committee about its interventions to assist local municipalities in better managing their finances and paying off their debts. Members of the Committee raised ...
Standing Committee on Appropriations
2022 Division of Revenue Bill: Financial and Fiscal Commission Input
9 Mar 2022
The Standing Committee on Appropriations met on a virtual platform to hear a presentation by the Financial and Fiscal Commission (FFC) on its submission concerning the 2022 Division of Revenue (DoR) Bill.
The presentation covered the following topics:
Background;
Fiscal framework and revenue proposals;
2022 Appropriation Bill;
2022 Division ...
Standing Committee on Appropriations
2022 Division of Revenue Bill: Parliamentary Budget Office Input
8 Mar 2022
Video (Part 1)
Video (Part 2)
On a virtual platform, the Standing Committee on Appropriations was briefed by the Parliamentary Budget Office (PBO) on the 2022 Division of Revenue Bill. Members heard that the Parliamentary Budget Office was established to support the Finance and Appropriations Committees in both Houses of ...
Finance Standing Committee
2022 Fiscal Framework and Revenue Proposals: Committee Report
8 Mar 2022
Video (Part 1)
Video (Part 2)
2022 Budget Speech & Key Documents
The Finance Committees of the National Assembly (NA) and the National Council of Provinces (NCOP) held a joint meeting to consider their report on the fiscal framework and revenue proposals as contained in the 2022 ...
Standing Committee on Appropriations
Division of Revenue Bill: National Treasury briefing
2 Mar 2022
In this virtual meeting, National Treasury briefed the Committee on the Division of Revenue Bill.
Members heard that the national share of revenue declined at an annual average rate of 1%. Transfers to provinces increased at an average annual rate of 1.4%, with conditional grants growing faster than the ...
Finance Standing Committee
2022 Fiscal Framework and Revenue Proposals: public hearings
2 Mar 2022
2022 Budget Speech & Key Documents
In this virtual meeting, the Standing and Select Committees on Finance held public hearings on the 2022 Fiscal Framework and Revenue Proposals. Nine organisations presented brief oral presentations.
The South African Institute of Chartered posed a number of questions of Parliament relating to ...
Finance Standing Committee
2022 Budget: FFC & PBO briefing
1 Mar 2022
2022 Budget Speech & Key Documents
In this virtual meeting, Parliament’s finance and appropriations committees from both houses met jointly with the Financial and Fiscal Commission (FC) and the Parliamentary Budget Office (PBO) to discuss the 2022 Budget.
The PBO informed the Committee it was unclear whether the 2022 ...
Finance Standing Committee
2022 Budget: Treasury briefing, with Minister & Deputy Minister
24 Feb 2022
2022 Budget Speech & Key Documents
In this virtual meeting, Parliament’s finance and appropriations committees from both houses met jointly with the Minister of Finance, his Deputy and senior National Treasury officials to discuss the 2022 Budget. The Minister had tabled his budget proposals the previous day.
The spiralling ...
Standing Committee on Appropriations
Contract deviations and expansions for 20201/22 Quarter 3: Office of Chief Procurement Officer briefing
16 Feb 2022
The Committee met with the Office of the Chief Procurement Officer (OCPO) in a virtual meeting to receive a briefing on the requests for contract deviations and expansions for the third quarter of the 2021/22 financial year.
The OCPO provided an overview of transversal contract related issues, such as ...