2016 Taxation Laws Amendment Bill (Second Batch): Employment and Learnership Tax Incentives

Call for comments opened 27 October 2016 Share this page:

Submissions are now closed (since 07 November 2016)

Finance Standing Committee

National Treasury and the South African Revenue Service (SARS) published a second batch of the 2016 Draft Taxation Laws Amendment Bill (TLAB) for public comment, following the first batch TLAB published on 8 July 2016.

The Bill contains additional amendments relating to the Employment Tax Incentive (ETI) and the learnership tax incentive. Without further legislative amendments the ETI is set to expire on 31 December 2016 and the learnership tax incentive on 30 September 2016.

Public hearings will be conducted at Parliament on Wednesday, 9 November 2016.

In addition to submissions, please indicate your interest in making a verbal presentation by no later than 12:00 on Monday, 7 November 2016.

Comments can be emailed to Mr Allen Wicomb at awicomb@parliament.gov.za by no later than 12:00 on Monday, 7 November 2016.

Enquiries can be directed to Mr Allen Wicomb on tel (021) 403 3759

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