The South African National Treasury and the South African Revenue Service (SARS) have published two draft tax bills - a monetary bill (the Draft Taxation Laws Amendment Bill or "TLAB") that includes a number of measures with a focus on national taxes, levies, duties and surcharges, and an ordinary bill (the Draft Tax Administration Laws Amendment Bill or "TALAB") dealing with administrative tax issues:
The main tax proposals contained in the TLAB include:
- A levy on bargaining councils to ad…