Page 172 - SAIT Compendium 2016 Volume2

NUMBER DATE NAME/SUBJECT SECTION OF INCOME TAX PAGE ACT
35 (Issue 3) 31 March Employees’ tax: personal service Section 23 (k) and paras. 1, 2 (1A) 405 2010 providers and labour brokers and 2(5) of Fourth Schedule
13 (Issue 3) 15 March Limitation of deduction for employees Section 23 (m) 221 2011 and of ce holders
54 26 February Deductions – corrupt activities, nes and Section 23 (o) (i) and (ii) 494 2010 penalties
53 (Issue 2) 9 October Deductions: limitation of allowance Section 23A 485 2015 grated to lessors of affected assets
48 (Issue 2) 19 December Instalment credit agreements and debtors’ Section 24 453 2014 allowance
78 29 July 2014 Allowance for future expenditure on Section 24C 654 contracts
79 22 September Produce held by nursery operators Sections 25, 25C and 26; 669 2014 Paragraphs 2, 3, 4 and 9 of the First
Schedule; Paragraphs 40 of the Eighth Schedule
8 (Issue 3) 28 August Insolvent estates of natural persons Section 25C 195 2013
69 12 February Game farming Section 26 and First Schedule 591 2013
75 (Issue 2) 22 September Exclusion of certain companies and shares Section 41 (1) 635 2014 from ‘group of companies’ as de ned in
section 41 (1)
17 (Issue 3) 31 March Employees’ tax: independent contractors Fourth Schedule 246 2010
27 4 February Personal liability of employers, Fourth Schedule 378 2005 representative employers, shareholders
and directors for outstanding employees’ tax
1 30 November Provisional tax estimates Paragraph 19 (3) of Fourth 165 2001 Schedule
5 (Issue 2) 23 January Employees’ tax: directors of private Paragraphs 1, 9 (5) and 11C of 182 2006 companies (which include persons in Fourth Schedule
close corporations who perform functions similar to directors of companies)
71 14 March Long service award Paragraphs 2 (a), 5 (2) (b) and 5 (4) 604 2013 of Seventh Schedule
77 4 March 2014 Taxable Bene t: Use of employer- provided telephone or computer
equipment or employer-funded telecommunication services
Paragraph 2(b), (e) and (h); 647 Paragraphs 6, 10 and 31(1) of the
Seventh Schedule
72 22 March Right of use of motor vehicles Paragraph 7 of Seventh Schedule 609 2013
66 1 March 2012 Scholarships or bursaries Section 10 (1) (q) and the Seventh 567 Schedule
44 (Issue 2) 4 February Public bene t organisations (PBOs): Paragraph 63A of Eighth Schedule 430 2014 Capital Gains Tax (CGT)