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In the 2018/19 fiscal year SARS collected R 1 287.7 billion (equivalent to US$ 86.4 billion) [5] in tax revenue, a figure R71.2 billion (or 5.8%) more than that from the previous fiscal year. In 2018/19 financial year, South Africa had a tax-to-GDP ratio of 26.2% that was only slightly more than the 25.9% in 2017/18.
Constitution of the Republic of South Africa Amendment Act, 1995: 21: Income Tax Act, 1995: 22: Public Investment Commissioners Amendment Act, 1995: 23: Public Accountants' and Auditors' Amendment Act, 1995: 24: Land Bank Amendment Act, 1995: 25: Local Authorities Loans Fund Amendment Act, 1995: 26: Bophuthatswana National Provident Fund ...
The South African Institute of Tax Professionals ( SAIT) is a recognised professional body focusing solely on taxation. It is a registered professional body under the National Qualifications Framework Act, 2008. The Institute is a professional association of tax professionals regulating tax practitioners in South Africa.
sars .gov .za. The South African Revenue Service ( SARS) is the revenue service of the South African government. It administers the country's tax system and customs service, and enforces compliance with related legislation. [2] It is governed by the SARS Act 34 of 1997, which established it as "an organ of state within the public administration ...
South Africa. In South Africa, the financial year for the Government of South Africa is 1 April to 31 March. The year of assessment for individuals covers twelve months, 1 March to the final day of February the following year. The Act also provides for certain classes of taxpayers to have a year of assessment ending on a day other than the last ...
Births and Deaths Registration Amendment Act, 2010. 19. Magistrates' Courts Amendment Act, 2010. 20. Repeal of the Black Administration Act and Amendment of Certain Laws Amendment Act, 2010. 21. Regulation of Interception of Communications and Provision of Communication-related Information Amendment Act, 2010. 22. Defence Amendment Act, 2010.
Railways and Harbours Unauthorized Expenditure (1922–1923) Act, 1924: 26: Income Tax Act, 1924: 27: Customs and Excise Duties Amendment Act, 1924: 28: Moroka Ward Land Relief Act, 1924: 29: Rents Acts Extension Act, 1924: 30: South-West Africa Naturalization of Aliens Act, 1924: 31: Zululand Railway Construction Act, 1924: 32: Land Bank Acts ...
The Revenue Act of 1913, also known as the Underwood Tariff or the Underwood-Simmons Act (ch. 16, 38 Stat. 114 ), re-established a federal income tax in the United States and substantially lowered tariff rates. The act was sponsored by Representative Oscar Underwood, passed by the 63rd United States Congress, and signed into law by President ...