Having been assented
by the President on 11th December 2024, the Tax Procedures (Amendment) Bill,
2024 and the Tax Laws (Amendment) Bill, 2024 became law. Below, we analyze
changes introduced under the Tax Laws Amendment Act, 2024, and the Tax
Procedures Amendment Act, 2024 which amend the Income Tax Act, the Value Added
Tax Act, the Tax Procedures Act, the Excise Duty Act, and the Miscellaneous
Fees and Levies Act in an effort to ensure a number of proposals contained in
the rejected Finance Bill 2024 are utilized to refine and enhance the existing
tax framework, addressing both procedural and substantive aspects of tax law.
10th Dec 2024
18th Nov 2024
07th Nov 2024
30th Sep 2024
09th May 2024