Interpretation Notes: Archive

2010

• Interpretation Note 33 - 4 July 2005
  Income Tax Act, 1962 - Assessed Losses:  Companies:  The trade and income from trade requirements
  
• Interpetation Note 17 (Issue 2) - 31 March 2010
  Income Tax Act, 1962 - Employees' Tax:  Independent Contractors
  
• Interpretation Note 35 (Issue 2) - 31 March 2010
  Income Tax Act, 1962 - Employees' Tax:  Personal service companies, personal service
  trusts and labour brokers

•  Interpretation Note: No. 47 - 28 July 2009
  Section 11(e) of the Income Tax Act, 1962: Wear-and-tear or depreciation allowance
• Interpretation Note No. 46 (Issue 2) - 18 February 2009
  Income Tax: Amalgamation of amateur and professional sporting bodies

2008

• Interpretation Note No. 46 - 28 July 2008
  SECTION: Sections 10(1)(cN), 11, 11E and 30 of the Act: Section 125 of the RLAA 2007 (as substituted by section 76(1) of the TLAA 2008)
  SUBJECT: Income Tax: Amalgamation of amateur and professional sporting bodies

2007

• Interpretation Note 43 - 4 October 2007
  
• Interpretation Note 41 - 2 April 2007 Act : Value-Added Tax Act NO. 89 OF 1991 (the VAT Act)
  Section : 1, 8(13), 8(13A), 9(3)(e), 16(3)(a), 16(3)(d),16(3)(e), 17(2)(a), 17(2)(c) and 72
  Subject : Application of VAT to the Gambling Industry 
• Interpretation Note 20 - 30 March 2007
  ACT : Income Tax Act, 1962
  SECTION : Section 12H
  SUBJECT : Leanership Allowance
• Interpretation Note 9 - 19 February 2007
  ACT: Income Tax Act 1962 (the Act)
  SECTION: 12E
  SUBJECT: Small Business Corporations 
  

2006

• Interpretation Note 35 - 7 March 2006  
  Act : Income Tax Act, No 58 of 1962 (the VAT Act)
  Section : The Fourth Schedule
  Subject : Employees tax: Personal Service Companies, Personal Service Trusts and Labour Brokers  

2005

• Interpretation Note 30 - 31 March 2005  
  Act : Value-Added Tax Act
  Section : Section 11(1)(a)(i), read with paragraph (a) of the definition of Exported in section 1 of the Act – zero rating of movable goods exported
  Subject : Documentary proof required on consignment or delivery of movable goods to a recipient at an address in an export country
  Comment : Issue 1 
• Interpretation Note 32 - 27 June 2005 (Withdrawn by section 24(d) of Revenue Laws Amendment Act, 2006 (Act No. 20 of 2006) with effect from 1 April 2007)
  ACT : Income Tax Act
  SECTION : Section 30(3)(b)(ii)(cc)
  SUBJECT : Public Benefit Organisations (PBOs): Prudent Investments

2004

• Interpretation Note - Issue 2 - 29 March 2004  
  Act : Income Tax Act, 1962
  Section : Sections 12E
  Subject : Small business Corporations
  Comment : Issue 2  
• Intepretation Note 20 - 5 March 2004  
  Act : Income Tax Act, 1962
  Section : Section 12H
  Subject : Learnership Allowance 

2003

• Interpretation Note 19 - 5 August 2003  
  Act : Income Tax Act, 1962
  Section : Sections 1, definition of “year of assessment”, 5, 66(13A), 89quat, and paragraph 21 of the Fourth Schedule to the Income Tax Act
  Subject : Year of assessment: Accounts accepted to a date other than the last day of February
  COMMENT : Issue 1  
• Interpretation Note 18 - 31 March 2003
  ACT : Income Tax Act, 1962
  SECTION : Section 6quat
  SUBJECT : Rebate for foreign taxes: Natural persons 
•  
• Interpretation Note 17 - 28 March 2003  
  Act : Income Tax Act, 1962
  Section : The Fourth Schedule
  Subject : Employees Tax: Independent Contractors 
• Interpretation Note 15 - 18 June 2003  
  Act : Income Tax Act, 1962
  Section : Sections 81(1), 81(2) read with section 107A rules
  Subject : Objection: Exercise of a discretion – Late objection
  Comment : Issue 1  
• Interpretation Note 14 - 27 March 2003  
  Act : Income Tax Act, 1962
  Section : Sections 8(1)(a) and 8(1)(c)
  Subject : Allowances, Advances and reimbersements 

2002

• Interpretation Note 9 - Issue 1 - 13 December 2002  
  Act : Income Tax Act, 1962
  Section : Section 12E and par 2(b) of Schedule 1 to the Taxation Laws Amendment Act, No 30 of 2002
  Subject : Small Business Corporations
  Comment: Issue 1  
• INTERPRETATION NOTE 2 - 28 August 2002  
  ACT : Income Tax Act, 1962
  SECTION : Section 9E(5A)
  SUBJECT : Foreign Dividends Deductibility of Interest
  DATE OF ISSUE : 28 August 2002
  COMMENT : See Archive Folder for Issue 1 - Example for Interpretation Note 2  

• Interpretation Note 5 - 19 February 2002  
  Act : Income Tax Act, 1962
  Section : Paragraphs 1, 9(5) and 11C of the Fourth Schedule
  Subject : Employees Tax: Directors of Private Companies (which include persons in close corporations who perform functions similar to to Directors of companies)
  Comment : Issue 1 
• Interpretation Note 2 - 1 February 2002
  Act : Income Tax Act, 1962
  Section : Section 9E(5A)
  Subject : Foreign Dividends – Deductibility of Interest
  Comment :Issue 1- Example for Interpretation Note 2 

  Back to top  |   e-Mail this page  |   Print this page