Analysing the Impact of the 2024 Draft Taxation Laws Amendment Bill (TLAB)

The 2024 Draft Tax Bills and Draft Regulations published for public comment will greatly impact tax planning, compliance, and advisory services for accountants. Key amendments include stricter rules to prevent tax incentive abuse, updated definitions for easier compliance, and new incentives for sustainable investments. Our article explains key amendments in the Taxation Laws Amendment Act enabling you to be prepared and guide their clients effectively.