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Income tax in South Africa was first introduced in 1914 with the introduction of the Income Tax Act No 28, an act that had its origins in the New South Wales Act of 1895. The act has gone through numerous amendments with the act presently in force is the Income Tax Act No 58 of 1962 which contains provisions for four different types of income tax.
District municipalities have responsibility for broader matters such as integrated planning, infrastructure development, bulk supply of water and electricity, and public transport; while local municipalities have responsibility for all municipal functions not assigned to the district, and in particular local service delivery.
In South Africa, a metropolitan municipality or Category A municipality is a municipality which executes all the functions of local government for a city or conurbation. This is by contrast to areas which are primarily rural, where the local government is divided into district municipalities and local municipalities .
The Public Finance Management Act, 1999 (PFMA; Act No. 1 of 1999) is the primary public finance management law in South Africa. It delineates standards for expenditure, accounting, and reporting for public entities. Its scope is generally limited to entities of national and provincial governments.
Each district municipality is divided into a number of local municipalities, and responsibility for municipal affairs is divided between the district and local municipalities. There are 205 local municipalities in South Africa. A local municipality may include rural areas as well as one or more towns or small cities.
The City of Johannesburg Metropolitan Municipality (Zulu: UMasipala weDolobhakazi laseGoli) is a metropolitan municipality that manages the local governance of Johannesburg, the largest city in South Africa. It is divided into several branches and departments in order to expedite services for the city.
The annual property tax is usually a percentage of the taxable assessed value of the property. The taxable assessed value is commonly determined by the assessment service provider of the municipality. The annual property tax rate for any province contains at least two elements: the municipal rate and the education rate.
The Union of South Africa came into existence on 31 May 1910, uniting the Cape Colony, Transvaal Colony, Colony of Natal, and Orange River Colony.Three months later, on 9 August, the Governor-General, Herbert Gladstone, retroactively appointed Joseph Clerc Sheridan, Esq., as the acting Commissioner for Inland Revenue with effect from 1 July 1910. [15]