On 25 September 2016, the South African National Treasury published the 2016 Draft Taxation Laws Amendment Bill (Second Batch), which includes revisions and additions for public comment. The main measures include:
- Extending the employment tax incentive for another two years to 28 February 2019, with the introduction of a monetary cap of ZAR 20 million on the value of the incentive claims per employer per year;
- Extending the learnership tax incentive for another five year to 31 March 2022, wi…