The South African National Treasury has published the revised draft Taxation Laws Amendment Bill, 2014, (TLAB) revised draft Tax Administration Laws Amendment Bill 2014, (TALAB) and the draft response document. The revised draft TLAB and TALAB revise the initial draft Bills published on 17 July 2014 and takes into account the public hearings in Parliament and submissions received by Parliament, National Treasury and SARS. Amendments include delaying the implementation dates for the tax treatment of retirement savings from 1 March 2015 to 1 March 2017, and delaying the removal of VAT zero-rating for agricultural goods for at least a year,...