THE TAX LEGISLATIVE AMENDMENT CYCLE
With the Budget Address by Finance Minister Tito Mboweni having passed, it is useful to consider how the proposed tax amendments raised during the Budget Speech eventually become law. As a starting point, it is important to remember that the South African Revenue Service (SARS) does not make tax law. In South Africa, Parliament is […]
Sugar Tax Proposals
Finance Minister, Pravin Gordhan, announced in February 2016 that a sugar tax would be levied with effect from 1 April 2017. The National Treasury has now published a policy paper which includes proposals on the taxation of sugar- sweetened beverages (SSBs). The public have until 22nd August 2016 to respond in writing to the proposals. […]