Tax Administration Act, 2011 (Act No. 28 of 2011)NoticesReturns to be submitted by a Person in terms of Section 25 of the Tax Administration Act, 2011 (Act No. 28 of 2011)1. General |
| (1) | Any term or expression in this notice to which a meaning has been assigned in a “tax Act” as defined in section 1 of the Tax Administration Act, 2011, has the meaning so assigned, unless the context indicates otherwise and the following terms have the following meaning— |
“2024 year of assessment”
means—
| (a) | in the case of a company, the financial year of the company ending during the 2024 calendar year; and |
| (b) | in the case of any other person, the year of assessment ending during the period of 12 months ending on 29 February 2024; |
“income tax return”
means a return for the assessment of normal tax in respect of the 2024 year of assessment, including a turnover tax return if a person is a registered micro business under the Sixth Schedule to the Income Tax Act; and
“trust”
means a trust as defined in section 1 of the Income Tax Act, including a portfolio of a collective investment scheme.
| (2) | Notice is hereby given in terms of section 25 of the Tax Administration Act, read with section 66(1) of the Income Tax Act, that a person specified in terms of paragraph 2 is required to submit an income tax return within the period prescribed in paragraph 4. |