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News & Press: Individuals Tax

SARS Notice: Residential Accommodation Fringe Benefit

Tuesday, 08 May 2012   (0 Comments)
Posted by: SAIT Technical
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SARS has issued a notice indicating that  the value of "B"  in the prescribed formula when calculating the taxable benefit in respect of a residential accommodation fringe benefit has increased from R59 750 to R 63 556 effective 1 March 2012 (paragraph 9(3) of the Fourth Schedule).

Click here to access the notice.




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