COVID-19 Tax Relief Measures - 8 May 2020

Описание: The aim of the webinar was to share information on COVID-19 tax relief measures and to make provisions of the legislation more understandable.



Link to the Presentation: https://www.sars.gov.za/Media/Documen...


Background

The outbreak of Covid-19 is likely to result in large scale disruption of work due to illness, lockdown
self-isolation or quarantine. It is clear that Small and medium businesses are the most vulnerable as they are unlikely to have cash reserves and are thus at a higher risk of shedding jobs under these conditions. In response to the COVID-19 pandemic many countries around the world have introduced tax relief measures. The webinar covers the following measures:

Deferral of PAYE payment
Skills Developments Levy (SDL)
Employment Tax Incentive (ETI)
Deferral of Payment of Provisional Tax
Submission Process

We will soon publish a list of FAQs on the Small Business webpage on www.sars.gov.za. Make sure to check on a regular basis. Regards, SARS.



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