Draft tax bills target spousal donations and VDP interest relief
Treasury wants to close what it sees as a tax-avoidance route involving emigrating spouses, while proposing a taxpayer-friendly change to voluntary disclosures.
#2026draftTaxationLawsAmendmentBill
Draft TLAB will settle living annuity commutation rule
The proposal puts SARS’s existing cumulative approach into the Income Tax Act, ending uncertainty over whether the R150 000 limit applies per policy.
