Long title

To-

- amend the Income Tax Act, 1962, so as to amend a definition; to provide for an allowance made by the Commissioner to be subject to objection and appeal; to clarify the meaning of a certificate required for purposes of deductions of donations made to certain organisations; and to insert a cross-reference;
- amend the Customs and Excise Act, 1964, so as to amend a definition; to provide for the Commissioner to delegate a function to be performed by an officer or other person under his control or direction, to a person in the service of another organ of state or institution with whom an agreement has been concluded in terms of the Act, or to designate such person as a customs officer for a specific purpose; to enable a simplified regime for the entry of goods imported or exported for purposes of express delivery on a door-to-door basis in accordance with simplified customs procedures as determined by the Commissioner by rule, as well as for the determination of the upper limit on the value of such goods that may be entered in accordance with simplified procedures; to enable the Commissioner to prescribe the timeframe for adjustment of a bill of entry in a manner other than by the submission of a voucher of correction; to enable the transfer, under rebate of customs duties, of waste or scrap remaining after the manufacturing from any goods entered under any item specified in Schedule No. 3 to the Act to another person registered under another item of Schedule No. 3 for use subject to compliance with such item; to insert a Chapter providing for voluntary disclosure relief for customs and excise; and to make technical corrections;

- amend the Value-Added Tax Act, 1991, to insert definitions relating to the implementation of a voluntary e-reporting system; to make technical corrections and expand the requirements for a refund; and to extend the regulatory powers of the Minister to make regulations prescribing the requirements for participation by a vendor in a voluntary e-reporting system;

- amend the Tax Administration Act, 2011, so as to enable the Commissioner to prescribe the format of a notice; to extend a provision to enable SARS to confirm whether the physical address of an applicant exists and whether the premises are suitable for conducting the activities reflected in the application; to make a consequential amendment; to clarify that a taxpayer can apply for the suspension of a tax debt pending the outcome of a request for a reduced assessment, in certain circumstances; to correct a cross-reference; to clarify the scope of bona fide inadvertent error by explicitly linking it with a substantial understatement; to make a consequential amendment; to exclude matters that fall within the scope of the new Chapter for voluntary disclosure relief in the Customs and Excise Act, from the voluntary disclosure programme under the Act; to make technical corrections; and

- amend the Global Minimum Tax Administration Act, 2024; so as to insert a registration requirement; to make a technical correction; and to provide for matters connected therewith.

Table of contents

SECTION	TITLE
	(Obtain on request)
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.

.
Legislation Text Access Point

* 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.