Income Tax Act, 1962 (Act No. 58 of 1962)

Notices

2026 Notices

Notice in terms of Paragraph (c) of the Definition of "LIVING ANNUITY" in Section 1 of the Act

Notice No. 7289 of 2026

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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