Section 4: Imposition of tax
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
4. Imposition of tax
Subject to this Act, income tax shall, in and for every year—
(a) be paid to the Director-General by every person on all income, other
than exempt income, derived by him during the preceding year; and
(b) be calculated on the chargeable income of the person at the rate
specified in the First Schedule.
[S. 4 repealed and replaced by s. 18 (b) of Act 15 of 2006, in so far as it relates to individuals,
w.e.f. 1 July 2006 in respect of the income year commencing on 1 July 2006 in respect of
every subsequent income year; and in so far as it relates to companies, 1 July 2007 in respect
of the year of assessment commencing on 1 July 2007 and in respect of every subsequent
year of assessment; amended by s. 17 (b) of Act 17 of 2007 w.e.f. 1 July 2007 in so far
as it relates to individuals; w.e.f. 1 July 2008 in so far as it relates to companies.]
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Questions this section answers
- Who has to pay income tax each year under this Act?
- Is all my income taxed, or is exempt income left out?
- How is the tax I owe worked out from my chargeable income?