2024 Draft Taxation Laws Amendment Bill (2024 draft TLAB)

The Standing Committee on Finance invites you to submit written submissions on the 2024 draft Taxation Laws Amendment Bill (2024 draft TLAB)

Key proposals contained in the 2024 draft Taxation Laws Amendment Bill (2024 draft TLAB) include, amongst others, the following:

Curbing the abuse of the employment tax incentive scheme
• Clarifying anti-avoidance rules dealing with third
• party backed shares
• Clarifying the VAT treatment of supply of services to non-resident subsidiaries of companies based in the Republic.
• Renewable energy premium deduction.

Find here: Draft Explanatory Memorandum on the Draft Taxation Laws Amendment Bill 

Submissions can be emailed to Mr Allen Wicomb at [email protected] or Ms Teboho Sepanya at [email protected] by no later than 12:00 on Monday, 07 October 2024.

Those who want to make submissions at the public hearings on Tuesday, 08 and Wednesday, 09 October 2024 should specifically request this.

Enquires can be directed to Mr Allen Wicomb on tel (021) 403-3759 or Ms Teboho Sepanya on tel (021) 403-3662

Issued by Hon. Dr. MJ Maswanganyi, MP, Chairperson: Standing Committee on Finance (National Assembly)
 

Track the bill here

How to write a submission