Revenue Laws Amendment Act

Amend the pension funds act 1956 so as to effect a technical correction.

Revenue laws amendment act. To effect textual amendments and to repeal certain provisions. Revenue laws amendment act 2019. Amend the income tax act 1962 so as. 24 january 2005 2003 exchange control amnesty and amendment of taxation laws act 2003 act no.

This legal update must be read together with. Second revenue laws amendment act 2004 act no. To amend the taxation laws amendment act 2007 so as. All the changes below become effective on that date except the change in the basis of calculating vat on petroleum products which shall become effective on 15th may 2020.

12 of 2003 gg 25047 31 may 2003 2003 revenue laws amendment act 2003. The proposed reduction of the corporation tax rate is a welcome move for resident companies even though it has been watered down by the increase in withholding tax on dividend payments to non residents. Revenue laws amendment act 1996 president s office no. 34 of 2004 gg 27189.

Legal update 4 of 2014 and legal update 4 of 2016 with the effective date now being 1 march 2018. To amend the revenue laws amendment act 2006 so as to amend an effective date. 32 of 2004 gg 27188. To provide for the zero rating of certain supplies.

Tax laws amendment act analysis 5 deleted exemption provisions. 30 september 1996 no. Revenue laws amendment act. Effective date the tax laws amendment act 2020 was assented to on 25th april 2020.

Amend the estate duty act 1955 so as to exclude certain proceeds from estate duty. Revenue laws amendment act 2004 act no. It must also be read together with legal update 3 of 2016 which looks at the impact of the changes to retirement fund contributions on members and employers. The corporate tax rate for non resident companies remains at 37 5.

24 january 2005 2004. For ease of reference additional changes in the act which were not proposed in the bill have been bolded for ease of reference. Revenue laws amendment act 1996 it is hereby notified that the president has assented to the following act which is hereby published for general information. The revenue laws amendment act 60 of 2008 aims to.

Amend the transfer duty act 1949 so as to provide for exemptions from duty. To provide for special rules for the assessment of normal tax of certain bodies. To amend and insert certain definitions.