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Changes to amounts of subsistence allowances

Friday, 24 February 2012   (0 Comments)
Posted by: SAIT Technical
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This document serves to keep stakeholders informed of impending changes regarding the amount of a subsistence allowance deemed to have been expended in terms of section 8(1)(c)(ii) of the Income Tax Act, 1962 (Act No. 58 of 1962). The changes set out in the Annexure to this document are to come into effect from 1 March 2012.

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