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Finance Standing Committee
Rates and Monetary Amounts & Amendment of Revenue Laws Bill, Taxation Laws Amendment Bill; Tax Administration Laws Amendment Bill
13 Nov 2018
The Committee met with Treasury for consideration of three Bills namely: Rates and Monetary Amounts and Amendment of Revenue Laws Bill, Taxation Laws Amendment Bill (TLAB) and Tax Administration Laws Amendment Bill (TALAB). The three Bills were informally adopted and would be put up for a formal vote the next ...
Finance Standing Committee
VBS Mutual Bank
7 Nov 2018
VIDEO: Standing Committee on Finance - Meeting on VBS Mutual Bank
The Committee met to discuss the VBS Mutual matter. The South Reserve Bank, National Treasury, the Hawks, the National Prosecuting Authority (NPA), the Independent Regulatory Board of Auditors (IRBA), the Financial Sector Conduct Authority, the South African Institute for ...
Finance Standing Committee
Committee Report on 2018 MTBPS
6 Nov 2018
2018 Medium Term Budget Policy Statement (MTBPS)
MTPBS Speech & Money Bills
The Standing and Select Committees, having considered the 2018 Medium-Term Budget Policy Statement, met for consideration and adoption of the revised fiscal framework Report.
The Committees’ observations and recommendations were highlighted as follows: The Committees believed that they ...
Finance Standing Committee
2018 MTBPS: public hearings
31 Oct 2018
The Standing and Select Committees on Finance held public hearings on the 2018 Medium Term Budget Policy Statement (MTBPS). Congress of South African Trade Unions (COSATU), the Federation of Unions of South Africa (FEDUSA); the Organisation Undoing Tax Abuse (OUTA); the South African Constitutional Property Rights Foundation (SACPRIF); British American ...
Finance Standing Committee
2018 MTBPS: Minister of Finance briefing; with Deputy Minister present
25 Oct 2018
2018 Medium Term Budget Policy Statement (MTBPS)
MTPBS Speech & Money Bills
The Standing Committees on Finance and Appropriations together with the Select Committees on Finance and Appropriation met for the MTBPS (medium-term budget policy statement) briefing with National Treasury in the presence of the Minister and Deputy Minister of ...
Finance Standing Committee
Pre-MTBPS: Parliamentary Budget Office briefing
23 Oct 2018
The Standing Committees on Finance and Appropriations together with the Select Committees on Finance and Appropriation met for a pre-MTBPS (medium-term budget policy statement) briefing with the Parliamentary Budget Office (PBO).
The PBO highlighted that global economic outlook indicates that prospects for recovery in growth through foreign investment and trade ...
Finance Standing Committee
National Treasury Budgetary Review and Recommendation Report (BRRR)
23 Oct 2018
2018 Budget Review & Recommendations Reports – BRRR
The Committee met for consideration and adoption of the Budgetary Review and Recommendation Report (BRRR).
A DA Member proposed the inclusion of an additional recommendation speaking to the South African Revenue Service (SARS). He suggested that a paragraph be added to the ...
Finance Standing Committee
Statement on VBS Mutual Bank matter; VAT Panel Report and TLAB & TALAB Bills: Treasury response
17 Oct 2018
Finance Committee Welcomes VBS Mutual Bank Report
The Committee met with National Treasury for a briefing on the Tax Laws Amendment Bill (TLAB) and the Tax Administration Amendment Bill (TALAB), the main focus being on VAT issues.
National Treasury gave an update on the TLAB and TALAB. Treasury and ...
Finance Standing Committee
National Treasury & SARS 2017/18 Annual Report; with Minister & Deputy Minister present
16 Oct 2018
Annual Reports 2017/18
Watch Live: Treasury and SARS presents their annual reports to Parliament
The Committee met with the National Treasury and the South African Revenue Service (SARS) for a briefing on their annual reports and financial statements for the 2017/18 financial year. The Minister and the Deputy Minister were ...
Finance Standing Committee
National Treasury audit: Auditor-General briefing
10 Oct 2018
The Committee received a briefing from the Auditor-General South Africa (AGSA) on audit outcomes of 14 auditees in the National Treasury (Finance) Portfolio. The role of the AGSA is to reflect on the audit work performed to assist the Committee in its oversight role of assessing the performance of the ...