South Africa's National Treasury and SARS release draft tax bills for 2024, proposing electric vehicle incentives and aiming to raise R15bn in 2024/25.

South Africa's National Treasury and SARS have released draft tax bills and regulations for 2024, inviting public comment on key documents such as the 2024 draft TLAB, 2024 draft RLAB, and 2024 draft TALAB. Proposals include tax incentives for electric vehicle manufacturers and aim to raise R15bn in 2024/25. Public comment submissions are due by 16th August for some proposals and 31st August for others.

August 02, 2024
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