Seventh Schedule : Benefits or Advantages Derived by reason of Employment or the Holding of any Office |
3. Determination of cash equivalent of value of taxable benefit
4. Taxable Benefits Granted by Associated Institutions
5. Acquisition of an asset at less than actual value
6. Right of use of any asset (other than residential accommodation or any motor vehicle)
7. Right of use of motor vehicle
8. Meals, refreshments and meal and refreshment vouchers
11. Benefits in respect of interest on debt
12. Subsidies in respect of debt
12A. Contribution to a benefit fund
12B. Incurral of costs relating to medical services
12C. Benefits in respect of insurance policies
12D. Valuation of contributions made by employers to certain retirement funds
12E. Contribution to bargaining council
13. Payment of employee's debt or release of employee from obligation to pay a debt
16. Benefits granted to relatives of employees and others
18. Annual statements by employers
20. Amendments to this Schedule
[Seventh Schedule inserted by section 46 of the Income Tax Act, 1984 (Act No. 121 of 1984)]