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South African Revenue Service Announces Emergency Tax Relief for Compliant Businesses

05 August 2021

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Approved Changes

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South Africa

On 30 July 2021, the South African Revenue Service (SARS) announced several emergency tax relief measures in response to the continuing COVID-19 pandemic and recent unrest that are aimed at helping affected and tax compliant businesses to recover and ensure livelihoods for employees. A separate release summarizing the measures was also issued as follows along with a 2021 Emergency Tax relief leaflet. --- 2021 Emergency Tax relief leaflet 30 July 2021 – SARS published a leaflet to clarify the measures as announced by the Minister of Finance on 28 July 2021. The measures are: The introduction of a tax subsidy...