South African Government

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Income Tax Act 85 of 1974

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85 of 1974

The Income Tax Act 85 of 1974 intends:

  • to fix the rates of normal tax payable by persons other than companies in respect of taxable incomes for the years of assessment ending on 28 February 1975 and 30 June 1975, and by companies in respect of taxable incomes for years of assessment ending during the period of twelve months ending on 31 March 1975;
  • to provide for the payment of a portion of the normal tax payable by certain companies into the Revenue Fund of the territory of South West Africa;
  • to provide for the repayment to the taxpayers concerned of a certain portion of the normal tax paid by those taxpayers; 
  • to amend the Income Tax Act, 1962;
  • to amend section 99 of the Insolvency Act, 1936; and
  • to provide for incidental matters.


29 November 1974