The book contains detailed commentary and examples illustrating the existing and new tax law provisions. Our aim is to explain South African tax law in a simple and clear manner in order to save you time and help you understand both the existing and new tax law provisions easily. Many explanations have been reworked.
The most notable tax law amendments for 2023 include changes to the following provisions:
New tax rates, rebates and medical tax credits
New 27% tax rate for companies
Limitation of assessed losses for companies
New rules for share capital and contributed tax capital
Apportionment of interest exemption and annual allowance for CGT
Loan to company held by trust
Various VAT and Tax Administration Laws developments
New cases, important rulings and interpretation notes
Phillip Haupt’s knowledge of business and tax law, gained over a period of 43 years, is invaluable to the explanation of the tax law principles in the book. Elke Haupt brings a fresh perspective to many of the principles and explanations.
In our experience this commentary has assisted interpretation and informed changes in legislation and the examples clearly illustrate the tax principles and provisions discussed.
We thank all our readers and subscribers who have helped us over the many years with questions, comments and suggestions. This has helped us to create a better book each year.
The book is expected mid-January 2023.
Hard copy (inclusive of VAT and delivery charges)
Electronic edition (inclusive of VAT)
* [includes both the hard copy and electronic edition (includes VAT and delivery charges where applicable)]