Tag Archives: tax relief

This Article was first published on www.bizcommunity.com on 8 May…

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Following the announcement by Pres. Ramaphosa on 23 March 2020 of the national lockdown to be put in place and which is still observed by South Africa, National Treasury has released a draft explanatory memorandum on Sunday 29 March to further clarify the economic relief measures announced by Pres. Ramaphosa. These measures are intended to provide tax relief to qualifying businesses in the short-term period.

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