All comments received on drafts are considered in full, but due to time constraints, no individual correspondence will be entered into. The identity of commentators and their comments will be collected and may be disclosed publicly, either in full or in summary, as legal obligation dictates or is necessary for SARS to properly perform its duties.
Due date for comments |
Legislation Category | Description | Send comments to |
15 March 2024 |
Income Tax Act, 1964 |
Draft Interpretation Note Draft Interpretation Note – Consequences of an employer’s failure to deduct or withhold employees tax Explanatory Note Date published: 16 February 2024 |
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Due date extended to 29 March 2024
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Customs and Excise Act, 1964 |
Draft Amendments to Rules
Comments to be recorded on Customs & Excise Rule Amendments Comment Sheet. Explanatory Note Date published: 8 February 2024 |
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31 March 2024 New! |
National Legislation |
2024 Draft Tax Bills and Draft Global Minimum Tax Bills
Explanatory Note As per the media statement, the 2024 Draft Rates Bill contains announcements made in Chapter 4 and Annexure C of the 2024 Budget Review that deal with the increase of excise duties. The 2024 Draft Revenue Laws Amendment Bill is aimed largely at clarifying the existing language and to simplify the directives system for both administrators and SARS to allow for an efficient implementation of the ‘two-pot’ retirement reform. The Draft Global Minimum Tax Bill is aimed at implementing the GloBE Model Rules in South Africa to enable South Africa to impose a multinational top-up tax at a rate of 15 per cent on the profits of in-scope multinational enterprise groups. The Draft Global Minimum Tax Administration Bill is aimed at the administration of the Draft Global Minimum Tax Bill. More general information underlying the draft legislation can be found in the 2024 Budget Review, available on the National Treasury website. Date published: 21 February 2024 |
National Treasury’s tax policy depository at [email protected] and SARS at [email protected] |