The BASICS of the SA TAX SYSTEM
Автор: Flownomics
Загружено: 2026-01-21
Просмотров: 19
Описание:
In this video, I explain the three main types of tax you need to understand: VAT, income tax, and corporate tax — in a simple, no-nonsense way. 💰📘
Taxes affect almost every financial decision we make, whether you’re earning a salary, running a business, or just buying everyday goods. This video breaks down how each tax works, who pays it, and why it exists.
In this video, we cover:
What VAT (Value Added Tax) is and how it affects prices
How income tax works for individuals
What corporate tax is and how companies are taxed
The key differences between these taxes
Why governments rely on them to fund public services
This is a basic, foundational overview meant to help you understand the system without complicated terminology.
👍 Like the video if it helped you
💬 Comment below if you want a deeper dive into any of these taxes
🔔 Subscribe for more content on finance, economics, and money basics
Disclaimer: This video is for educational purposes only and does not constitute tax or financial advice.
#personalfinance #money #tax
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