• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

ANC breaks its silence on graduate tax

Feb 08 2013 18:10 Sapa
taxed to death

The ANC took a resolution at its elective conference in Mangaung last year to introduce a tax on graduates in the future. (Picture: Shutterstock)

Related Articles

Student body slams graduate tax

DA youth lashes out at graduate tax

Backlash on ANC graduate tax plan

ANC looking to tax graduates

Authorities set to flex tax muscle

Five steps to avoid tax risk

 

Johannesburg - The proposed graduate tax is not a firm recommendation, the ANC said on Friday.

"We want to clarify that this was not a firm recommendation. [It is] safe to say that the [education] commission agreed that this recommendation needs to be considered in future," party spokesperson Jackson Mthembu said in a statement.

"To this extent, no consideration has been made by the sub-committee or the ANC on this recommendation."

The ANC resolved at its elective conference in Mangaung last year to introduce a tax on graduates.

Conference delegates participating in the education and health commission resolved that consideration "must be given to a graduate tax for all graduates from higher education institutions".

It did not provide more details.

The sub-committee on education and health proposed that recipients of state loans which had been converted to bursaries should make a contribution by giving back to the bursary fund to benefit other needy students going forward, said Mthembu.


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

anc
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
89 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Fewer high-risk election areas - Mthethwa

There are fewer high-risk election areas this year compared to past elections, Police Minister Nathi Mthethwa has said while visiting Manenberg in Cape Town.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...