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NCOP Briefed on 2020 Tax Bills

NCOP Briefed on 2020 Tax Bills


National Treasury A differentiated approach was adopted in the tabled 2020 Tax Administration Laws Amendment Bill where, rather than do away with intent entirely, offences are categorized into those for…

MOA Between Auditor-General and National Treasury in Place


Auditor-General A Memorandum of Agreement (MOA) between the auditor-general (AG) and national treasury is in place. The AG published the MOA in Government Gazette 43800. The MOA focuses on the…

National Treasury Outlines Three-Pronged Strategy


National Treasury National Treasury has set itself a three-pronged strategy. The finance minister, Tito Mboweni, outlined the three-pronged strategy during treasury’s Budget Vote 2020/21 in parliament. According to the minister,…

Comment Sought on Carbon Tax Act Regulations


National Treasury 3 December 2019 Two further sets of draft regulations flowing from the Carbon Tax Act have been published for comment. National treasury published Carbon Tax Offset Regulations at…

Carbon Tax Offsets Regulations Published


National Treasury 2 December 2019 Regulations setting out the criteria for carbon tax offsets have been drawn up. National treasury published the regulations in Government Gazette 42873. They were drafted…

Treasury Responds to IMF Article IV Consultation


National Treasury 26 November 2019 National treasury remains committed to achieving inclusive growth that will create jobs, eradicate poverty and reduce inequality. Treasury reiterated this in a statement announcing that…

Military Pensions Adjusted


National Treasury 15 November 2019 Military pensions have been adjusted. The new amounts were published in Government Gazette 42840. The Military Pensions Act refers to various formulas to be used…

Technical Tax Proposals for 2020 Budget Sought


National Treasury 5 November 2019 National treasury is calling for technical tax proposals for the 2020 Budget Review. In a statement, treasury points out that technical tax proposals are contained…

Government Employees Pension Fund Rules Amended


National Treasury 1 November 2019 Government Employees Pension Fund Rules have been amended. National treasury published the amended Rules in Government Gazette 42819. A new Rule 14.2.2 is inserted into…