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 |
South
Africa
NATIONAL LEGISLATION OVERVIEWS
NATIONAL LEGISLATION OVERVIEWS
Taxation Laws Amendment Act, No.
8 of 2007
NOTE: Assented to and published in English, with alternative copy in Afrikaans, except iro title/text/engrossments in the following sections: s100, s101 and s104 (Afrikaans/Afrikaans/English)**
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
Legislation Text Access Point
NOTE: Assented to and published in English, with alternative copy in Afrikaans, except iro title/text/engrossments in the following sections: s100, s101 and s104 (Afrikaans/Afrikaans/English)**
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.