tax

With the aim of giving effect to proposals in the 2024/25 Budget, Finance Minister Enoch Godongwana has tabled the following Bills:

Taxation Laws Amendment Bill
Tax Administration Laws Amendment Bill
Global Minimum Tax Bill (providing for the introduction of global anti-base erosion rules and the imposition of top-up tax)
Global Minimum Tax Administration Bill (providing for the administration of the global minimum tax)
Rates & Monetary Amounts Amendment Bill (providing for amendments to Schedule 1 of the Customs & Excise Act, 1964, as well as the Carbon Tax Act, 2019)
Revenue Laws Amendment Bill (among other things providing for amendments to the Skills Development Levies Act, 1999, and the Unemployment Insurance Contributions Act, 2002)
Division of Revenue Amendment Bill (providing for the equitable division of revenue raised nationally among the three speres of government for 2024/25)
Adjustments Appropriation Bill (providing for adjustments to the appropriation of money for the requirements of the state in the August 2024 Appropriation Act)
Special Appropriation Bill (providing for state requirements additional to those addressed in the Adjustments Appropriation Bill, focusing on The Presidency and the Departments of Justice & Constitutional Development, International Relations & Co-operation, and Transport)

These Bills were tabled with the Medium Term Budget Policy Statement and related documents, links to which can be found below.

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