| Tax |
Type |
Release |
Comment |
| Income Tax Act |
Secondary Legislation – Income Tax Notice |
Notice 1247 of 2015 |
Determination of a date in terms of paragraph 9(2) of the Fourth Schedule, upon which the new employees’ tax deduction tables as prescribed in terms of paragraph 9(1) of the Fourth Schedule came into operation. |
| Income Tax Act |
Secondary Legislation – Regulations |
Regulation 1262 |
Regulations in terms of paragraph 12D(5)(b) of the Seventh Schedule to the Income Tax Act, 1962, on information to be contained in contribution certificates. |
| Tax Administration Act |
Secondary Legislation – Public Notices |
Notice 1 of 2016 |
Returns of information to be submitted by third parties in terms of section 26 of the Tax Administration Act, 2011. |
| Income Tax Act |
Secondary Legislation – Regulations |
Regulation R. 17 |
Regulations in terms of paragraph 12D(5)(a) of the Seventh Schedule to the Income Tax Act, 1962, on determination of fund member category factor. |
| Various |
Primary Legislation – Amendment Acts |
GG 39588 and GG 39586 |
Promulgation of the Taxation Laws Amendment Act (No. 25 of 2015) and Tax Administration Laws Amendment Act (No. 23 of 2015). |
| Income Tax Act |
Preparation of Legislation – Draft Documents for Public Comment |
Draft Interpretation Note No. 9 (Issue 6) – Small Business Corporations |
The draft Note provides guidance on the interpretation and application of section 12E, which provides accelerated depreciation allowances for a taxpayer who qualifies as a small business corporation. |
| Income Tax Act |
Preparation of Legislation – Draft Documents for Public Comment |
Draft Guide – Taxation of Franchisors and Franchisees |
This guide considers the income tax implications of income received and expenditure incurred by franchisors and franchisees. |
| Income Tax Act |
Interpretation & Rulings – Published General Rulings – Binding General Rulings |
BGR 30 |
Allocation of direct and indirect expenses within and between an insurer's funds. |
| Income Tax Act |
Published Binding Rulings – Binding Private Rulings |
BPR 216 |
Tax consequences of the issuing of additional tier 1 capital instruments by a registered bank. |