Tag: government
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What happened to tax in 2020?
As a new year dawns, we reflect on some of the significant highlights (and lowlights) of the 2020 tax year and look ahead at how it will influence 2021. Legislative amendments Several significant amendments to tax legislation have been tabled in the current year, including: · Changes to how when taxpayers can be criminally held…
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2019 Tax legislative amendment
The 2019 tax legislation amendment cycle commenced on 25 June, when National Treasury issued the initial batch of the Draft Taxation Laws Amendment Bill which covers specific provisions that require further consultation. National Treasury will be publishing the full text of the 2019 Draft Taxation Laws Amendment Bill for public comment in mid-July 2019. One…