2021 TAX PROPOSALS SIGNED INTO LAW – 5 KEY CHANGES

The President has given effect to the 2021 tax proposals by signing three tax Acts into law. On 14 January 2022, the President gave his assent to the Rates and Monetary Amounts and Amendment of Revenue Laws Act No. 19 of 2021 (“Rates Act”), the Taxation Laws Amendment Act No. 20 of 2021 (“TLAA”) and the Tax Administration Laws Amendment Act No. 21 of 2021 (“TALAA”). These Acts were promulgated on 19 January 2021.

Jean du Toit
Jean du Toit
Head of Tax Technical