Interpretation notes are intended to provide guidelines to stakeholders (both internal and external) on the interpretation and application of the provisions of the legislation administered by the Commissioner.
These notes are amended when necessary in line with policy developments and changes in legislation, and will ultimately replace the existing general notes and practice notes, as well as internal circular minutes, to the extent that they relate to the interpretation of the various laws.
For an overview of all interpretation notes published to date, see the Register of all Interpretation Notes.
| Number | Subject | Applicable Legislation | ||
|---|---|---|---|---|
| IN 20 (Issue 9) | Additional deduction for learnership allowance | Income Tax Act, 1962 | Section 12H | |
| IN 19 (Issue 6) New! | Year of assessment of persons other than companies: Accounts accepted to a date other than the last day of February
| Income Tax Act, 1962 | Section 66(13A) | |
| IN 18 (Issue 5) | Rebate and deduction for foreign taxes on income
| Income Tax Act, 1962 | Section 6quat | |
| IN 17 (Issue 5) | Employees’ tax: Independent contractors | Income Tax Act, 1962 | Fourth Schedule | |
| IN 16 (Issue 4) | Exemption from income tax: Foreign employment income | Income Tax Act, 1962 | Section 10(1)(o)(ii) | |
| IN 15 (Issue 6) | Exercise of discretion to extend the period to lodge an objection or appeal
| Tax Administration Act, 2011 | Sections 104 and 107 | |
| IN 14 (Issue 5) | Allowances, advances and reimbursements | Income Tax Act, 1962 | Section 8(1)(a), (b) and (c) and paragraph 1 of the Fourth Schedule | |
| IN 13 | Deductions: Limitation of deductions for employees and office holders | Income Tax Act, 1962 | Section 23(m) | |
| IN 12 | Recoupment: Assets in a deceased estate
| Income Tax Act, 1962 | Sections 8(4) and 25(1) | |
| IN 11 (Issue 4) | Trading stock: Assets not used as trading stock | Income Tax Act, 1962 | Paragraph (jA) of the definition of “gross income” in section 1(1) | |
| IN 10 (Issue 4) | Skills development levy exemption: Public benefit organisations | Skills Development Levies Act, 1999 | Section 4(c) | |
| IN 9 (Issue 7) | Small business corporations | Income Tax Act, 1962 | Section 12E | |
| IN 8 (Issue 3) | Insolvent estates of natural persons | Income Tax Act, 1962 | Section 25C | |
| IN 7 | Restraint of trade payments | Income Tax Act, 1962 | Sections 1, 11(cA), and 23(l) | |
| IN 6 (Issue 3) | Resident: Place of effective management (companies) | Income Tax Act, 1962 | Section 1(1) | |
IN 5 | Employees’ tax: Directors of private companies (which include persons in close corporations who perform functions similar to directors of companies)
| Income Tax Act, 1962 | Paragraphs 1, 9(5) and 11C of the Fourth Schedule | |
| IN 4 (Issue 5) | Resident: Definition in relation to a natural person – physical presence test | Income Tax Act, 1962 | Section 1(1) | |
| IN 3 (Issue 2) | Resident: Definition in relation to a natural person – ordinarily resident | Income Tax Act, 1962 | Section 1(1) | |
| IN 2 (Issue 3) | Foreign dividends – deductibility of interest
| Income Tax Act, 1962 | Section 11C | |
| IN 1 (Issue 3) | Provisional tax estimates | Income Tax Act, 1962 | Paragraphs 17 to 27 of the Fourth Schedule | |
