14 of 2020
The Disaster Management Tax Relief Administration Act 14 of 2020 intends:
- to provide for tax measures in order to assist with alleviating cash flow burdens on tax compliant micro and small to medium-sized businesses arising as a result of the COVID-19 pandemic and measures taken under the Disaster Management Act, 2002;
- to provide for employees’ tax treatment of donations to the Solidarity Fund;
- to provide for a change in the value-added tax category of vendors to effect monthly returns and refunds; and
- to provide for matters connected therewith.
1 April 2020