This contains UNCERTIFIED COPY for information/reference. For authentic copy, please refer to certified copy only.  In case of any mistake, please bring it to our notice.


LegalB's Resources 
QUICK LINKS: ROOT DATABASE | OVERVIEW | VERSIONS & TEXT ACCESS TIMELINE | SUBORDINATE TEXTS | COMMENTARY | POTENTIAL TRANSGRESSOR LISTS | TEST FOR TRANSGRESSIONS | EMAIL A REQUEST FOR UPDATES | HELP | CONTACT US | SEARCH SITE | LOG OUT |

South Africa
NATIONAL LEGISLATION OVERVIEWS
LegalB Logo
Taxation Laws Amendment Act, No. 8 of 2007

Long title

To amend the Estate Duty Act, 1955, so as to determine the dutiable amount of an estate; to amend the Income Tax Act, 1962, so as to fix the rates of normal tax; to amend certain amounts; to amend certain definitions; to insert certain definitions; to delete certain obsolete provisions; to extend certain time periods; to amend certain rates; to further regulate the taxation of lump sum benefits; to provide for and regulate the deduction of certain amounts from income; to provide that certain amounts may be determined by the Commissioner; to further regulate the withholding of employees' tax and to effect certain textual and consequential amendments; to amend the Customs and Excise Act, 1964, so as to amend Schedule 1; to provide for the continuation of certain amendments to the Schedules and to effect certain textual amendments; to amend the Stamp Duties Act, 1968, so as to provide for the exemption from duty of certain leases; to further regulate refunds payable; to reduce a limit on stamp duty payable and to effect certain textual and consequential amendments; to amend the Value-Added Tax Act, 1991, so as to amend certain definitions; to further regulate the circumstances in which input tax may be claimed; to further regulate value-added tax exemption on importation of goods and to effect certain textual and consequential amendments; to amend the Tax on Retirement Funds Act, 1996, so as to amend certain definitions; to amend the Small Business Tax Amnesty and Amendment of Taxation Laws Act, 2006, so as to treat certain amounts as exempt; to provide that certain amounts may not be deducted; to provide that certain capital gains and capital losses must be disregarded; to provide that no reduced assessments or objections may be made under certain circumstances and to effect certain textual and consequential amendments; to amend the Revenue Laws Amendment Act, 2006, so as to insert certain effective dates and to effect certain textual and consequential amendments; to amend the Diamonds Act, 1986, so as to amend the imposition of a levy; to amend the Diamonds Amendment Act, 2005, so as to extend a date and to provide for matters connected therewith.

Table of contents

SECTION TITLE
1. Amendment of section 4A of Act 45 of 1955...
2. Fixing of rates of normal tax and amendment of certain amounts for purposes of Act 58 of 1962
3. Amendment of section 1 of Act 58 of 1962...
4. Amendment of section 5 of Act 58 of 1962...
5. Amendment of section 6 of Act 58 of 1962...
6. Amendment of section 8 of Act 58 of 1962...
7. Amendment of section 8E of Act 58 of 1962...
8. Amendment of section 9B of Act 58 of 1962...
9. Amendment of section 9D of Act 58 of 1962...
10. Amendment of section 10 of Act 58 of 1962...
11. Amendment of section 11 of Act 58 of 1962...
12. Amendment of section 11A of Act 58 of 1962...
13. Amendment of section 11D of Act 58 of 1962...
14. Amendment of section 12C of Act 58 of 1962...
15. Amendment of section 12E of Act 58 of 1962...
16. Amendment of section 13quat of Act 58 of 1962...
17. Amendment of section 18 of Act 58 of 1962...
18. Amendment of section 18A of Act 58 of 1962...
19. Amendment of section 20 of Act 58 of 1962...
20. Amendment of section 23 of Act 58 of 1962...
21. Amendment of section 23D of Act 58 of 1962...
22. Amendment of section 24F of Act 58 of 1962...
23. Amendment of section 24I of Act 58 of 1962...
24. Amendment of section 26B of Act 58 of 1962...
25. Amendment of section 30 of Act 58 of 1962...
26. Amendment of section 30A of Act 58 of 1962...
27. Repeal of section 32 of Act 58 of 1962...
28. Amendment of section 37A of Act 58 of 1962...
29. Repeal of section 37E of Act 58 of 1962...
30. Amendment of section 38 of Act 58 of 1962...
31. Amendment of section 40B of Act 58 of 1962...
32. Amendment of section 41 of Act 58 of 1962...
33. Amendment of section 42 of Act 58 of 1962...
34. Amendment of section 44 of Act 58 of 1962...
35. Amendment of section 45 of Act 58 of 1962...
36. Amendment of section 46 of Act 58 of 1962...
37. Amendment of section 47 of Act 58 of 1962...
38. Amendment of section 56 of Act 58 of 1962...
39. Amendment of section 64B of Act 58 of 1962...
40. Amendment of section 80C of Act 58 of 1962...
41. Amendment of section 80E of Act 58 of 1962...
42. Amendment of section 80L of Act 58 of 1962...
43. Amendment of section 89quat of Act 58 of 1962...
44. Amendment of paragraph 19 of the First Schedule to Act 58 of 1962...
45. Amendment of paragraph 20 of the First Schedule to Act 58 of 1962...
46. Amendment of paragraph 1 of the Second Schedule to Act 58 of 1962...
47. Amendment of paragraph 2 of the Second Schedule to Act 58 of 1962...
48. Amendment of paragraph 2A of the Second Schedule to Act 58 of 1962...
49. Insertion of paragraph 2C into the second Schedule to Act 58 of 1962
50. Amendment of paragraph 3 of the Second Schedule to Act 58 of 1962...
51. Amendment of paragraph 5 of the Second Schedule to Act 58 of 1962...
52. Amendment of paragraph 6 of the Second Schedule to Act 58 of 1962...
53. Amendment of paragraph 7 of the Second Schedule to Act 58 of 1962...
54. [...repealed by Act 2007_035_115 - was entitled "Amendment of paragraph 1 of the Fourth Schedule to Act 58 of 1962..."]
55. Amendment of paragraph 2 of the Fourth Schedule to Act 58 of 1962...
56. [...rpealed by Act 2007_035_115 - was entitled "Amendment of paragraph 9 of the Fourth Schedule to Act 58 of 1962..."]
57. Amendment of paragraph 11B of the Fourth Schedule to Act 58 of 1962...
58. Repeal of the Fifth Schedule to the Income Tax Act 1962...
59. Amendment of paragraph 12A of the Seventh Schedule to Act 58 of 1962...
60. Amendment of paragraph 20 of the Eighth Schedule to Act 58 of 1962...
61. Amendment of paragraph 29 of the Eighth Schedule to Act 58 of 1962...
62. Amendment of paragraph 31 of the Eighth Schedule to Act 58 of 1962...
63. Amendment of paragraph 39 of the Eighth Schedule to Act 58 of 1962...
64. Amendment of paragraph 63. A of the Eighth Schedule to Act 58 of 1962...
65. Amendment of paragraph 64B of the Eighth Schedule to Act 58 of 1962...
66. Amendment of paragraph 65B of the Eighth Schedule to Act 58 of 1962...
67. Amendment of paragraph 66 of the Eighth Schedule to Act 58 of 1962...
68. Amendment of paragraph 84 of the Eighth Schedule to Act 58 of 1962...
69. Amendment of paragraph 4 of Part II of the Ninth Schedule to Act 58 of 1962...
70. Amendment of paragraph 1 of the Tenth Schedule to Act 58 of 1962...
71. Amendment of paragraph 2 of the Tenth Schedule to Act 58 of 1962...
72. Amendment of paragraph 3 of the Tenth Schedule to Act 58 of 1962...
73. Amendment of paragraph 5 of the Tenth Schedule to Act 58 of 1962...
74. Amendment of paragraph 6 of the Tenth Schedule to Act 58 of 1962...
75. Amendment of paragraph 7 of the Tenth Schedule to Act 58 of 1962...
76. Amendment of Schedule No. 1 of Act 91 of 1964...
77. Continuation of certain amendments of Schedule No. 1 to 6 and 10 to Act 91 of 1964
78. Amendment of section 4 of Act 77 of 1968...
79. Amendment of section 22 of Act 77 of 1968...
80. Amendment of Item 14 of Schedule 1 of Act 77 of 1968...
81. Amendment of section 1 of Act 89 of 1991...
82. Amendment of section 10 of Act 89 of 1991...
83. Amendment of section 16 of Act 89 of 1991...
84. Amendment of section 17 of Act 89 of 1991...
85. Amendment of Item 413.00 of Schedule 1 to Act 89 of 1991...
86. Amendment of section 1 of Act 38 of 1996
87. Amendment of section 30 of Act 32 of 2004
88. Amendment of section 16 of Act 31 of 2005
89. Insertion of section 2A in Act 9 of 2006
90. Amendment of section 3 of Act 9 of 2006
91. Insertion of section 9A in Act 9 of 2006
92. Amendment of section 13 of Act 9 of 2006
93. Amendment of Schedule 1 to Act 9 of 2006...
94. Amendment of the long title to Act 20 of 2006
95. Amendment of section 3 of Act 20 of 2006
96. Amendment of section 9 of Act 20 of 2006
97. Amendment of section 10 of Act 20 of 2006
98. Amendment of section 11 of Act 20 of 2006
99. Amendment of section 13 of Act 20 of 2006
100. Amendment of section 14 of Act 20 of 2006
101. Amendment of section 15 of Act 20 of 2006
102. Amendment of section 21 of Act 20 of 2006
103. Amendment of section 28 of Act 20 of 2006
104. Amendment of section 35 of Act 20 of 2006
105. Amendment of section 43 of Act 20 of 2006
106. Amendment of section 64 of Act 20 of 2006
107. Amendment of section 70 of Act 20 of 2006
108. Amendment of section 77 of Act 20 of 2006
109. Amendment of section 89 of Act 20 of 2006
110. Repeal of section 96 of Act 20 of 2006
111. Amendment of section 106 of Act 20 of 2006
112. Amendment of Schedule 1 of Act 20 of 2006
113. Amendment of Schedule 2 of Act 20 of 2006
114. Amendment of section 31 of Act 29 of 2005
115. Amendment of section 63 of Act 56 of 1986...
116. Short Title and commencement
Appendix.I. APPENDIX I. (SECTION (2))

PART I. RATES OF NORMAL TAX AND REBATES

PART  II. INCOME TAX MONETARY THRESHOLDS SUBJECT TO PERIODIC LEGISLATIVE CHANGE
Appendix II. APPENDIX II. AMENDMENT OF SCHEDULE NO. 1 TO THE CUSTOMS AND EXCISE ACT, 1964 (SECTION 76)
Appendix III. APPENDIX III. TRANSITIONAL DIAMOND EXPORT LEVY PROVISIONS (SECTIONS 114 AND 115)

Legislation Text Access Point

Versions
[To check whether a version has commenced, and how it was commenced, please see the Timeline for the Act, and the Annotated Text for the version.]
Access Official Gazette PDF  Request Subscription Fee Subscriber Access
As unamended Act 2007_008_000_20070808  EXT.LINK REQ.INFO LINK
As amended by Act 2007_035_000_20080108 N/A REQ.INFO LINK
As amended by Act 2008_060_000_20090108 N/A  REQ.INFO  LINK
As amended by ...N/A REQ.INFO LINK

* LegalB refers to a "version" of an Act or its sections in the format "YYYY_NNN_SSS_YYYYMMDD", which refers to "YEAR OF ACT_ACT NUMBER_SECTION OF ACT_DATE OF GAZETTE", and where "DATE OF GAZETTE" refers to the "YEAR_MONTH_DAY" on the face of the Gazette in which either the Act was originally published or in which the amending, lapsing or repealing instrument was published. Where any segment of the reference string contains only zeros, it means that information is not relevant, not made available, or unavailable.
* Unbolded grey text in square brackets is additional information provided by LegalB.
* "..." indicates further information not provided by LegalB for purpose of brevity
* An Asterisk indicates uncertainty regarding information, and a double asterisk indicates information must be read in the light of our relevant Commentary.
TOP
Copyright Rita V. Felgate 2018