The Minister of Finance announces new tax proposals in the Budget in February every year. The Budget Review, published with the Budget Speech, provides additional information on the tax proposals made in the Budget as well as proposed changes to tax legislation. The National Treasury invites taxpayers, tax practitioners and members of the public to submit technical tax proposals to be considered for possible inclusion in Annexure C of the 2025 Budget Review. The technical tax proposals requested in this invitation must be limited to unintended anomalies, revenue leakages, loopholes and technical matters applicable to the current tax legislation that require correction. The requested technical proposals should be submitted by no later than Monday, 25 November 2024.
On 01 November 2024, SARS announced that new eFiling registrations for Personal Income Tax may now require facial recognition. Biometric facial recognition authentication is being introduced for all individuals who register for eFiling using a valid South African ID. This applies to the eFiling website, the SARS MobiApp and the SARS Self Service Kiosks.
With effect from 1 November 2024, the Donations Tax Guide has been updated with details of the latest version of the Donations Tax Declaration Form (IT144). The purpose of the guide is to assist with the completion of the IT144 form.
