ARTICLE · 11 AUGUST 2021

Tax In Brief - Issue 68

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On 28 July 2021, National Treasury and the South African Revenue Service ("SARS") published the 2021 draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill ("2021 draft Rates Bill")

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ENSafrica tax in brief – Issue 68

Below, please find issue 68 of ENSafrica's tax in brief, a snapshot of the latest tax developments in South Africa.

Legislation And Draft Legislation

On 28 July 2021, National Treasury and the South African Revenue Service ("SARS") published the 2021 draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill ("2021 draft Rates Bill"), the 2021 draft Taxation Laws Amendment Bill ("2021 draft TLAB") and the 2021 draft Tax Administration Laws Amendment Bill ("2021 draft TALAB")
- The draft Bills contain tax proposals made in the 2021 Budget on 24 February 2021.
- Key tax proposals contained in the 2021 draft Rates Bill include:

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