Files
| Attachment | Size |
|---|---|
| 42169gon16taxadministrationlawsamendmentact22of2018.pdf | 207.33 KB |
22 of 2018
The Tax Administration Laws Amendment Act 22 of 2018 intends to:
- amend the Income Tax Act, 1962, so as:
- to remove a requirement to submit a return;
- to clarify a provision;
- to update certain references and to amend the Fourth Schedule to amend a definition;
- amend the Customs and Excise Act, 1964, so as:
- to insert a provision enabling the Commissioner to implement anti-forestalling measures in respect of anticipated increases in excise duties;
- to insert a provision providing for the writing off or compromise of any duty, interest, penalty or forfeiture incurred, and owed to the Commissioner for the benefit of the National Revenue Fund;
- amend the Value-Added Tax Act, 1991, so as:
- to amend a provision relating to tax invoices;
- to amend a provision relating to the sale of an enterprise as a going concern; to update certain references;
- to remove a requirement to submit a return;
- to update certain references;
- to clarify a provision relating to refunds;
- to simplify set-off and recovery provisions;
- amend the Securities Transfer Tax Act, 2007, so as to broaden the scope of a provision;
- amend the Tax Administration Act, 2011, so as to ensure that taxpayers are informed at the commencement of an audit; to effect a consequential amendment; to effect a technical correction; to clarify a provision relating to refunds; to allow for the deregistration of non-compliant tax practitioners;
- amend the Customs Control Act, 2014, so as:
- to effect changes to certain definitions;
- to amend a provision to ensure that reporting requirements in respect of the departure of trucks due to leave the Republic are adhered to irrespective of whether a truck has cargo on board; to insert a provision providing for the writing off or compromise of debt owed to the Commissioner for credit of the National Revenue Fund;
- and to provide for matters connected therewith.
Commencement
- 17 January 2019
- 1 April 2021, Section 58A of the Customs and Excise Act, No. 91 of 1964, as inserted by section 5 of the Tax Administration Laws Amendment Act, No. 22 of 2018 (Gazette 44383 of 1 April 2021)
