Income Tax Act, 1962 (Act No. 58 of 1962)Notices2026 NoticesNotice in terms of Paragraph (c) of the Definition of "LIVING ANNUITY" in Section 1 of the ActNotice No. 7289 of 2026 |
Notice No. 7289
23 March 2026
GG 54399
National Treasury
I, Enoch Godongwana, Minister of Finance, hereby, with effect from 1 March 2026, withdraw all notices issued in terms of paragraph (c) of the definition of "living annuity" in section 1(1) of the Income Tax Act, 1962 (Act No. 58 of 1962) and prescribe that the amount referred to in that paragraph is R150 000.
E Godongwana
Minister of Finance