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The Income Tax Act, No 58 of 1962 defines a company under South African law. [10] Nearly 3.7 million companies were on the tax register in March 2017 but only 3.1 million in March 2018. Of these only 24.2% reported positive taxable income, while 48.3% reported zero taxable income and 27.4% reported negative taxable income. [2]
In 2021/22 the Western Cape Provincial government received a total budget of just under R 72.35 billion with 74% (R54.445 billion) of that in the form of "equitable shares" from the national government budget, 18% (R13.53 billion) in the form of "conditional grants" from national government, 4% in "financing", 3% from the provinces own receipts ...
capacity is higher than 16GB: €3.00; TV, Hi-Fi, combined DVD writer and videorecorder, multifunctional DVD home cinema, set top box, multimediacenter: capacity is less or equal to 256GB: €3.30; capacity is higher than 256GB and less or equal to 1TB: €10.75; capacity is higher than 1TB: €13.00; Non-integrated equipment with integrated ...
South Africa Act 1909; Constitution of the Republic of South Africa 1961; Constitution of the Republic of South Africa 1983; Constitution of the Republic of South Africa 1993; Constitution of the Republic of South Africa 1996; Kahn, E. (1961). The New Constitution. Kruger, D.W. (1969). The Making of a Nation. May, H.J. (1949). The South African ...
South Africa introduced a sugar tax on 1 April 2018. The levy was fixed at 2.1 cents per gram of sugar, for each gram above 4g per 100ml of sweetened beverage. The levy excludes fruit juices, despite health professionals warning that fruit juice is as bad for a person as highly sugary drinks. [ 110 ]
The Government of South Africa, or South African Government, is the national government of the Republic of South Africa, a parliamentary republic with a three-tier system of government and an independent judiciary, operating in a parliamentary system. Legislative authority is held by the Parliament of South Africa.
Provincial legislation: "subordinate legislation made in terms of a provincial Act"; and "legislation that was in force when the Constitution took effect and that is administered by a provincial government." [6] There are a large number and variety of statutes in South Africa—including Acts, ordinances, proclamations, by-laws, rules and ...
The social assistance disbursed by SASSA takes the form of various grants; most of them are means-tested and paid in cash on a monthly basis. These are the Child Support Grant, the Care Dependency Grant, the Foster Child Grant, the Disability Grant, the Grant-in-Aid, the Older Person's Grant (an old-age pension), and the War Veteran's Grant. [6]