Legal and Policy
2022 Legal and Policy

Legal and Policy - 10 March 2022



Table A ​– A list of the average exchange rates of selected currencies for a year of assessment as from December 2003

Table B​ – A list of the monthly average exchange rates to assist a person whose year of assessment is shorter or longer than 12 months

Publication details will be made available later

Interpretation Note 28 (Issue 3) – Deductions of Home Office Expenses Incurred by Persons in Employment or Persons Holding an Office

  • 4 March 2022 – Income Tax Act, 1962
  • Interpretation Note 28 (Issue 2) – Deductions of Home Office Expenses Incurred by Persons in Employment or Persons Holding an Office
  • 4 March 2022 – A joint operation involving the South African Revenue Service’s Customs officers, the SA Police Service (SAPS) and the Metro police led to the confiscation of over 2 million cigarettes and narcotics in Durban yesterday.

The bust took place at three residences belonging to a well-known cigarette supplier in Phoenix, Durban. During the search, a total of 2.31 million sticks of cigarettes valued at approximately R3.1-million were detained. The cigarettes were being sold at such a low value that it was clear no excise duties were being paid. A full audit will now be conducted on the goods.

See the full media statement here.

This information was published in the draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill of 23 February 2022.

For more information see the Employment Tax Incentive webpage.

  • 4 March 2022 – SARS invites you to our Excise Duties Webinar on 10 March 2022, which aims to give Small, Micro, and Medium Enterprises (SMMEs) knowledge on the indirect tax imposed on the consumption of selected goods. Excise duties are imposed mostly on high-volume daily consumable products (e.g. petroleum products, alcohol and tobacco products) as well as certain selected high-value items e.g. electronic equipment and cosmetics.

The details of the event are as follows:

Theme: Excise Duties
Date: Thursday, 10 March 2022
Time: 17:00 – 19:00
Platform: YouTube: https://youtu.be/x7ue6QBMJso

  • 3 March 2022 – Customs & Excise Act, 1964 and Value Added Tax Act, 1991: The draft amendments are proposed to the Customs and Excise Act and Value Added Tax Act as follows:

Draft Schedule amendment

  • Substitution of rebate items 406.02, 406.02/00.00/01.00, 406.03, 406.03/00.00/01.00, 406.04, 406.04/00.00/01.00, 406.05, 406.05/00.00/01.00, 406.07 and 406.07/00.00/01.00 in Part 1 of Schedule No. 4; and
  • Substitution of rebate item 631.00 000.00.00 01.00 in Part 2 of Schedule No. 6.

Draft VAT amendment

  • Draft amendment to paragraph 8 of Schedule 1 to the Value-Added Tax Act, 1991 as a consequence to the amendment in Part 1 of Schedule No. 4 to the Customs Act.

Draft Rule Amendment

  • Amendment to rules under section 21 – Duty free sale of motor vehicles to diplomats

Due date for public comment: 25 March 2022

  • 3 March 2022 – Customs & Excise Act, 1964: The tariff amendment notices, scheduled for publication in the Government Gazette, relates to the amendment to –

Provisional payment in relation to anti-dumping duties against the alleged dumping of frozen bone-in portions of fowls of the species Gallus Domesticus, classifiable under tariff subheading 0207.14.9, originating in or imported from Brazil, Denmark, Poland and Spain, to amend the references made in the preceding Notices from “exported by” to read “produced by” – ITAC Report 678

  • 3 March 2022 – A Cape Town-based export company and its director were found guilty of mis-declaring a consignment of scrap metal in order to avoid paying the recently introduced export duties on scrap metal.

The company, Scrapmania, and its director, Joseph Daniel Hurling, pleaded guilty on a charge of making a false declaration to Customs and both were fined R500 000, with Mr Hurling fined an additional R100 000 in the Durban Regional Court.

See the full media statement here.

  • 3 March 2022 – Beware of the latest scams that are sent to taxpayers via email and SMS:

Statement of Account,

Tax refunds and

Letter of summons.

To see more examples of scams, please visit the Scams and Phishing webpage.




Date10 March 2022