January 18, 2023

5 January 2023 The Taxation Laws Amendment Act 2022 amended sections 5 and 6 of the Carbon Tax Act providing for a progressive increase in the rate of tax. The following amendments are applicable as follows from 1 January 2023. Section 5 (1). provides that carbon tax should be imposed at a rate of R144 …

Amendments to the Carbon Tax Act, 15 of 2019 and Regulations  Read More »

5 January 2023 Amendments to the Income Tax Act were made by the following Acts 1. Tax Administration Laws Amendment Act, 16 of 2022 (TALAA), Section 1: definition of neighboring country 64M: refund of tax in terms of dividends paid by regulated intermediaries Fourth schedule: minor textual and reference corrections 2. Taxation Laws Amendment Act, …

Changes to the Income Tax Act and Regulations Read More »