The SAIT presentation highlights key concerns with the 2025 Draft Taxation and Tax Administration Laws Amendment Bills, warning that several proposed changes could harm investment, fairness, and economic growth. It argues that repealing section 10(1)(gC)(ii) will discourage foreign retirees and skilled professionals by causing double taxation; tightening section 20A unfairly targets small “side hustles”; and amending section 8E threatens BEE funding and investor certainty. Other risks include narrowing taxpayer protections (sections 222/223), limiting EV component manufacturer incentives, over-broad SARS inspection powers, disrupting trust attribution rules, and removing roll-over relief for legitimate restructurings. SAIT calls for transitional relief, carve-outs for BEE and small taxpayers, and clearer legislative drafting to preserve certainty, fairness, and competitiveness.
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