The South Africa Revenue Service (SARS) has announced the promulgation on 5 November 2020 of the Disaster Management Tax Relief Act 2020 (Act 13 of 2020) and the Disaster Management Tax Relief Administration Act (Act 14 of 2020). The Acts provide for the COVID-relief measures introduced earlier in the year, with some amendments.
As previously reported, one of the main amendments concerns the relief measure allowing businesses to defer 35% of their employees' tax liabilities. Initially pro…