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Total of the budget speech 2014

Posted 17 March 2014

While I was busy watching the budget speech our power went down and I missed the part where the
minister of finance stated the rand value of the 2015 budget?%u20AC%u2122s income in total as well as where all of it
will come from. Can you please inform me on how much money the government budgets it will have
for the 2015 year of assessment as well as how much of this money will be covered by individual
income tax? Will you also tell me what government sector will receive the biggest cut of the budget
and how much money they will get?

TaxTim TaxTim says:
17 March 2014 at 10:23

R962 782bn is the expected tax collection and the budget amounted to R1 142 562tn with the biggest amount going to education and social grants.

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