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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.
Admission of Persons to the Union Regulation Amendment Act, 1962: 55: South African Citizens in Antarctica Act, 1962: 56: Artificial Insemination of Animals Amendment Act, 1962: 57: Fencing Amendment Act, 1962: 58: Income Tax Act, 1962: 59: Stamp Duties Act, 1962: 60: Unemployment Insurance Amendment Act, 1962: 61: Population Registration ...
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]
Corporate Laws Amendment Act 24 of 2006. Income Tax Act 58 of 1962. Joint Stock Companies Act 1844. Joint Stock Companies Act 1856. Local Government: Municipal Systems Act 32 of 2000. Public Finance Management Act 1 of 1999. Transvaal Companies Act 31 of 1909. Uniform Partnership Act (United States).
South Africa Act Further Amendment Act, 1957: 2: South Africa Act Amendment Act, 1957: 3: Witchcraft Suppression Act, 1957: 4: Prisons and Reformatories Amendment Act, 1957: 5: Wage Act, 1957: 6: Unauthorized Expenditure (1955–1956) Act, 1957: 7: Part Appropriation Act, 1957: 8: Electoral Laws Further Amendment Act, 1957: 9: Unemployment ...
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SAIT publishes TaxTalk every two months. The magazine deals with tax issues for the South African market. [6] In 2014, in comparison to the global average top rate of 32%, South Africa’s top personal income tax rate of 40% was high, and in comparison to the global average corporate tax rate of 24%, South Africa's was 28%.
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.