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Update - South Africa 2020 Tax Amendment Acts

|Approved Changes|South Africa
South Africa

As previously reported, South Africa's 2020 tax amendment acts were published in the Official Gazette on 20 January 2021. The amendments provided in the main amendment acts are summarized as follows:

For rates in particular, the Rates and Monetary Amounts and Amendment of Revenue Laws Act (22 of 2020) includes the following:

  • The rates of normal tax on taxable income of natural persons are as…

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