by sait_admin | Sep 17, 2024 | Legislative Policy & Interpretation Submissions
The South African Institute of Taxation (SAIT), along with members of its mining industry technical workgroup, submitted comments on SARS’s draft guide concerning the Mineral and Petroleum Resources Royalty Act. They noted that while royalty calculations for...
by sait_admin | Sep 5, 2024 | Recorded Webinar 2024
SAIT - Tax Practice: On the Move: World of Customs 2 of 4 05 September 2024...
by sait_admin | Aug 31, 2024 | Legislative Policy & Interpretation Submissions
SAIT’s submission on the draft interpretation note regarding the meaning of a “reserve fund” under section 23(e) of the Income Tax Act questions the inclusion of insurance policies as reserve funds. SAIT argues that insurance premiums represent incurred expenses, not...
by sait_admin | Aug 31, 2024 | Legislative Policy & Interpretation Submissions
The SAIT Environmental Tax Technical Work Group submitted comments on the Draft Taxation Laws Amendment Bill, 2024, focusing on proposed changes to environmental tax provisions under the Carbon Tax Act. The group recommends retaining full calorific value ranges to...
by sait_admin | Aug 31, 2024 | Legislative Policy & Interpretation Submissions
The SAIT Customs and Excise Technical Work Group submitted comments on the Draft Taxation Administration Laws Amendment Bill, 2024, focusing on the proposed retrospective reclassification of fuel products under tariff heading 27.10. The submission addresses concerns...
