1887

n Tax Breaks Newsletter - An amendment to a somewhat odd provision : employees' tax

Volume 2016, Issue 361
  • ISSN :
USD

 

Abstract

THE TAXATION Laws Amendment Act, No 23 of 2015 (TLAA) contains an amendment to a somewhat odd provision one that has seemingly stood the test of time since the introduction of the Fourth Schedule into the Income Tax Act 58 of 1962. Paragraph 5(2) of the Fourth Schedule, dealing with absolving an employer from liability in respect of employees' tax, has now been amended to provide a more formal approach when compared to its previous version but the amended version is still riddled with discretionary powers.

Loading full text...

Full text loading...

Loading

Article metrics loading...

/content/montb/2016/361/EJC184227
2016-02-01
2016-12-09

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