Draft Taxation Laws Amendment Bill & Draft Tax Administration Laws Amendment Bill

Call for comments opened 01 September 2015 Share this page:

Submissions are now closed (since 14 September 2015)

Finance Standing Committee

The Standing Committee on Finance invites you to submit written submissions on the following Bills:
 

                                                                      Draft Taxation Laws Amendment Bill

The Draft Taxation Laws Amendment Bill aims to:
• Amend the Income Tax Act, 1962, so as to amend, delete and insert definitions;
• Repeal provisions; • Amend provisions;
• Make new provision;
• Amend the Customs and Excise Act, 1964, so as to make new provision;
• Amend the Value-Added Tax Act, 1991, so as to amend provisions and schedules;
• Amend the Securities Transfer Tax Act, 2007, so as to amend provisions and to make new provision;
• Amend the Employment Tax Incentive Act, 2013, so as to amend provisions;
• Amend the Taxation Laws Amendment Act, 2013, so as to amend provisions;
• Amend the Taxation Laws Amendment Act, 2014, so as to amend provisions;

                                                                      Draft Tax Administration Laws Amendment Bill

The Draft Tax Administration Laws Amendment Bill aims to:
• Amend the Transfer Duty Act, 1949, so as to effect an amendment to a penalty provision;
• Amend the Income Tax Act, 1962, so as to effect consequential and textual amendments; to delete a provision; and to amend certain provisions;
• Amend the Customs and Excise Act, 1964, so as to insert certain provisions and to amend certain provisions;
• Amend the Value-Added Tax Act, 1991, so as to amend certain provisions;
• Amend the Skills Development Levies Act, 1999, so as to amend provisions;
• Amend the Unemployment Insurance Contributions Act, 2002, so as to insert a provision;
• Amend the Taxation Laws Second Amendment Act, 2008, so as to amend an effective date;
• Amend the Mineral and Petroleum Resources Royalty (Administration) Act, 2008, so as to amend a penalty provision;
• Amend the Tax Administration Act, 2011, so as to amend certain provisions; to effect technical corrections; and to effect textual and consequential amendments;
• Amend the Customs Duty Act, 2014, so as to effect technical corrections; to effect consequential amendments; and to insert a provision;
• Amend the Customs Control Act, 2014, so as to amend certain provisions; to effect consequential amendments; and to insert a provision;
• Amend the Tax Administration Laws Amendment Act, 2014, so as to effect technical corrections;

Public hearings will be conducted at Parliament on Wednesday, 16 September 2015.

Please note submissions and requests to make oral presentation must be received by no later than 12:00 on Monday, 14 September 2015.

Comments can be emailed to Mr Allen Wicomb at awicomb@parliament.gov.za by no later than 12:00 on Monday, 14 September 2015.

Enquiries can be directed to Mr Allen Wicomb on tel 021) 403 3759 or cell 083 412 1475.
 

Issued by Hon. YI Carrim, MP, Chairperson: Standing Committee on Finance (National Assembly)