National Treasury and the South African Revenue Service (SARS) published, for public comment, the revised 2020 Draft Disaster Management Tax Relief Bill and 2020 Draft Disaster Management Tax Relief Administration Bill. These Bills give effect to the media statement issued by National Treasury on 24 April 2020 regarding further tax measures to combat the COVID-19 pandemic, following the address by President Cyril Ramaphosa on 21 April 2020.
The revised 2020 Draft Disaster Management Tax Relief Bill and the 2020 Draft Disaster Management Tax Relief Administration Bill provide the necessary legislative amendments required to implement the further tax measures aimed at combating the COVID-19 pandemic 1 May 2020 – Revised COVID-19 Draft Tax Bills and Draft rule amendments and also take into account public comments received on the initial batch of COVID-19 draft tax bills published on 1 April 2020.
Public comment can be submitted to
Due date for comment – 15 May 2020