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South
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NATIONAL LEGISLATION OVERVIEWS
Income Tax Act, No. 21 of 1994
NATIONAL LEGISLATION OVERVIEWS
Income Tax Act, No. 21 of 1994
Long
title
To fix the rates of normal tax payable by persons other than companies in respect of taxable incomes for the years of assessment ending on 28 February 1995 and 30 June 1995, and by companies in respect of taxable incomes for years of assessment ending during the period of 12 months ending on 31 March 1995; to amend the Income Tax Act, 1962; to withdraw a Government Notice; to provide for special provisions with regard to the transition levy payable by certain companies; to provide for the administration by the Commissioner for Inland Revenue of certain laws; to provide for the imposition of a transition levy in the former Republics of Transkei, Bophuthatswana and Ciskei; to extend the application of the Income Tax Act, 1962; to provide for special provisions for the determination of taxable income derived by persons previously assessable under certain other laws; to provide for the retention of certain phasing-in provisions in respect of persons previously taxed in terms of the laws of the former Republic of Venda; to amend the Income Tax Act, 1962 (Act No. 52 of 1962), of the former Republic of Venda; to amend the Ciskei Income Tax Act, 1984 (Act No. 44 of 1984); to repeal certain laws; and to provide for incidental matters.
Table of contents
Legislation Text Access Point
To fix the rates of normal tax payable by persons other than companies in respect of taxable incomes for the years of assessment ending on 28 February 1995 and 30 June 1995, and by companies in respect of taxable incomes for years of assessment ending during the period of 12 months ending on 31 March 1995; to amend the Income Tax Act, 1962; to withdraw a Government Notice; to provide for special provisions with regard to the transition levy payable by certain companies; to provide for the administration by the Commissioner for Inland Revenue of certain laws; to provide for the imposition of a transition levy in the former Republics of Transkei, Bophuthatswana and Ciskei; to extend the application of the Income Tax Act, 1962; to provide for special provisions for the determination of taxable income derived by persons previously assessable under certain other laws; to provide for the retention of certain phasing-in provisions in respect of persons previously taxed in terms of the laws of the former Republic of Venda; to amend the Income Tax Act, 1962 (Act No. 52 of 1962), of the former Republic of Venda; to amend the Ciskei Income Tax Act, 1984 (Act No. 44 of 1984); to repeal certain laws; and to provide for incidental matters.
Table of contents
| SECTION | TITLE |
| 1. | Rates
of normal tax |
| 2. | Amendment
of section 1 of Act 58 of 1962... |
| 3. | Amendment
of section 3 of Act 58 of 1962... |
| 4. | Amendment
of section 4 of Act 58 of 1962... |
| 5. | Amendment
of section 5 of Act 58 of 1962... |
| 6. | Amendment
of section 8 of Act 58 of 1962... |
| 7. | Amendment
of section 9 of Act 58 of 1962... |
| 8. | Amendment
of section 9A of Act 58 of 1962... |
| 9. | Amendment
of section 10 of Act 58 of 1962... |
| 10. | Amendment
of section 11 of Act 58 of 1962... |
| 11. | Amendment
of section 12C of Act 58 of 1962... |
| 12. | Amendment
of section 13bis of Act 58 of 1962... |
| 13. | Repeal
of section 16 of Act 58 of 1962 |
| 14. | Repeal
of section 18B of Act 58 of 1962 |
| 15. | Amendment
of section 23 of Act 58 of 1962... |
| 16. | Amendment
of section 23B of Act 58 of 1962... |
| 17. | Insertion
of section 23F in Act 58 of 1962 |
| 18. | Amendment
of section 24I of Act 58 of 1962... |
| 19. | Amendment
of section 28 of Act 58 of 1962... |
| 20. | Repeal
of section 30 of Act 58 of 1962 |
| 21. | Amendment
of section 35 of Act 58 of 1962... |
| 22. | Repeal
of section 37B of Act 58 of 1962 |
| 23. | Amendment
of section 42 of Act 58 of 1962... |
| 24. | Amendment
of section 64B of Act 58 of 1962... |
| 25. | Amendment
of section 64C of Act 58 of 1962... |
| 26. | Amendment
of section 66 of Act 58 of 1962... |
| 27. | Amendment
of section 75 of Act 58 of 1962... |
| 28. | Amendment
of section 89ter of Act 58 of 1962... |
| 29. | Amendment
of section 107 of Act 58 of 1962... |
| 30. | Amendment
of paragraph 1 of 7th Schedule to Act 58 of 1962... |
| 31. | Amendment
of paragraph 5 of 7th Schedule to Act 58 of 1962... |
| 32. | Amendment
of paragraph 7 of 7th Schedule to Act 58 of 1962... |
| 33. | Amendment
of paragraph 9 of 7th Schedule to Act 58 of 1962... |
| 34. | Amendment
of paragraph 20 of 7th Schedule to Act 58 of 1962... |
| 35. | Withdrawal
of Government Notice No. 57 of 14 January 1994 |
| 36. | Transition
levy for companies who have had change in financial year |
| 37. | Administration
by Commissioner of certain laws of former state |
| 38. | Transition
levy payable by persons deriving income from source within former
Republic of Transkei |
| 39. | Transition levy payable by persons deriving income from source within former Republic of Bophuthatswana |
| 40. | Transition
levy payable by persons deriving income from source within former
Republic of Ciskei |
| 41. | ... [...repealed
by Act
2008_060_118_20090108 - was entitled "Application of the principal Act"] |
| 42. | ... [...repealed
by Act 1995_021_055_19950719- was entitled
"Determination of taxable income derived by persons previously
assessable under certain other laws"] |
| 43. | Determination
of value in respect of fringe benefits granted to persons
who derive remuneration from source within former Republic of Venda |
| 44. | Amendment
of Income Tax Act, 1962, of former Republic of Venda |
| 45. | Amendment of
paragraph 12 of First Schedule to Income Tax Act, 1984, of former
Republic of Ciskei |
| 46. | Repeal of
laws, and savings |
| 47. | Definitions |
| 48. | Commencement
of certain amendments |
| 49. | Short title |
| Sch. | SCHEDULE. [s1] |
Legislation Text Access Point
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| As unamended Act 1994_021_19941125 | EXT.LINK | REQ.INFO | LINK |
| As amended by Act 1995_021_000_19960719 . | N/A | REQ.INFO | LINK |
| As amended by Act 2008_060_000_20090108 . | N/A | REQ.INFO | LINK |
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