South Africa’s president on 21 April 2020, announced a social relief and economic support package totaling R500 billion, approximately 10% of the gross domestic product (GDP) of South Africa, in response to the coronavirus (COVID-19) pandemic.
The relief measures are set out in three phrases, as follows:
Some of the key tax measures of Phase II include:
Read an April 2020 report [PDF 103 KB] prepared by the KPMG member firm in South Africa
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