Good day

The Proposed Changes that you are referring to was published on the 1st of May 2020 and can be found here.

As per our Sage City Article we are aware of these changes and the dates, we are waiting for more information before we can give you dates or specifics.

The Revised Draft Bill Draft Explanatory Memorandum on the Revised Draft Disaster Management Tax Relief Bill was published on the 1st of May 2020 and it is open for public comment until the 15th of May 2020.

These bills propose changes that relate to the ETI (Employment Tax Incentive), Donations tax deduction, SDL (Skills Development Levy) payment holiday, and the deferral of employee tax.

Our compliance team has queried a few items in these bills and are awaiting clarification from the authorities.

There will be an update released for the proposed ETI changes, however, we will only be able to advise on the exact release date once all the queries have been answered. We are however, confident that the update will be released before Payroll Processing at Month end.

We will keep you updated on Sage City once the dates become available

We advise that you reach out to your tax practitioner for more clarity on this memorandum.