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South Africa Announces Publication of 2021 Tax Acts

28 January 2022

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Approved Changes

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South Africa

South Africa's National Treasury has issued a statement on the publication of the country's 2021 tax acts in the Official Gazette on 19 January 2022, including: Rates and Monetary Amounts and Amendment of Revenue Laws Act (19 of 2021) Taxation Laws Amendment Act (20 of 2021) Tax Administration Laws Amendment Act (21 of 2021) For rates in particular, the Rates and Monetary Amounts and Amendment of Revenue Laws Act (19 of 2021) includes the following: The rates of normal tax on taxable income of natural persons are as follows for any year of assessment commencing on or after 1 March...