Nedbank Nedbank CIB Markets Podcasts and Webinars

2022 Budget preview – revenue boom persists

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We project a further upward revision to revenue estimates over the entire MTEF at the upcoming Budget, with the main driver being corporate income tax (CIT) receipts. Our estimates suggest a cumulative R521bn increase in revenue collection from 2021 to 2025 relative to the MTBPS forecast. This is mainly due to the significantly larger base in 2021/22 and our slightly higher GDP growth forecast from 2022 to 2025.
7 Feb 2022 English South Africa Business · Investing

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