close
Share with your friends

Revised Draft Management Tax Relief Bills

Revised Draft Management Tax Relief Bills

The threshold for a “Qualifying Taxpayer” as set out in the Draft Disaster Management Relief Tax Administration Bill, 2020 has been increased to R100m

1000

Also on home.kpmg

revised draft management tax relief bills

Revised Draft Management Tax Relief Bills

Revised Draft Management Tax Relief Bills On 21 April 2020 the President of South Africa announced that additional tax relief measures would be introduced to counter the adverse impact of the COVID-19 pandemic on the South African economy and workforce.

The announcement was followed on 23 April 2020 by a National Treasury media release providing some detail on these relief measures. On 1 May 2020, National Treasury released revised drafts of the Draft Tax Management Relief Bill, 2020 and the Draft Tax Management Relief Administration Bill, 2020. 

 

Download the full article below

© 2020 KPMG Services (Pty) Limited, a South Africa private company and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal