COVID-19 second phase economic response: Tax Relief
Trending Now: AJM Director Dr Albertus Marais unpacks the second-phase tax measures to help alleviate some of the covid-19 pain for businesses.
Treasury publishes draft legislation for COVID-19 tax relief measures
National Treasury has
published the draft bill to
formalise tax relief measures
available to small businesses as a
result of the COVID-19 disaster.
The draft legislation clarifies a
number of matters that were
previously the subject of uncertainty,
following President Ramaphosa’s
initial announcement of these
measures. Since publication, a
further media statement has also
been issued to announce the
imminent introduction of further
relief measures announced by the
President on 21 April.