n Tax Breaks Newsletter - Taxing issues

Volume 2005, Issue 236
  • ISSN :



Extracted from text ... TAXING ISSUES Kathy Thersby Editor SHORTLY before we went to press SARS released a draft Revenue Laws Amendment Bill for comment by the public. Of particular interest in the draft bill are its proposals regarding employee share-incentive schemes. The amendments contain farreaching proposals to broaden share ownership and boost employee savings levels. The bill proposes reducing the tax burden on employee share-incentive schemes, to enable staff to hold on to their shares. SARS's moves to encourage broad-based share schemes - designed to provide access to share capital for at least 90 per cent of permanent staff who do not ..

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error