n Tax Breaks Newsletter - Amendments to tax-free investment regulations : income tax
|Article Title||Amendments to tax-free investment regulations : income tax|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Affiliations||1 Cliffe Dekker Hofmeyr|
|Publication Date||May 2016|
With effect from 1 March 2015, National Treasury introduced tax-free investments (TFI). In this regard, the Income Tax Act 58 of 1962 was amended to introduce a new Section 12T, in addition to the notice and regulations published in the Government Gazette on 25 February 2015.
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