OrbitaxSouth Africa Publishes Revised Rates and Monetary Amounts Bill to Provide Fuel Levy Reduction and Postpone Health Promotion Levy Increase
|Proposed Changes|South Africa
The South African Revenue Service (SARS) recently published a revised version of the 2022 Draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill for public comment. The draft bill includes the tax rate and threshold adjustments that were announced in the 2022 Budget, including changes to the personal income tax brackets and rebates, the employment tax, and excise duties on alcohol…
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