National Assembly Committee Invites Submissions on 2025 Draft Tax Bills

Posted 06 October 2025 Written by Acts Online
Category Tax Law

Brought to you by SA Legal Academy: In terms of the parliamentary legislative process, the Standing Committee on Finance has issued a call for written submissions on three draft tax bills intended to give effect to the revised 2025/26 Budget proposals.

The National Assembly’s Standing Committee on Finance requires all written comments to be submitted by 12:00 on 20 October 2025. This public consultation period is held in anticipation of formal parliamentary hearings scheduled for 21 and 22 October 2025. The legislative package under review comprises:

  • The draft Taxation Laws Amendment Bill (TLAB);
  • The draft Tax Administration Laws Amendment Bill (TALAB); and
  • The draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill.

National Treasury previously released the draft TLAB and draft TALAB in August 2025 for initial public comment. However, the Standing Committee notice now includes the draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill, which typically addresses adjustments to tax brackets, rebates, and excise duties. These bills collectively provide the legal framework for the fiscal changes announced in the national budget.

What this means for you, your business, or your clients

  • For yourself: Review the draft Rates and Monetary Amounts Bill to determine the impact of revised tax brackets and rebates on your personal disposable income for the 2025/26 period.
  • For your business: Evaluate the draft Tax Administration Laws Amendment Bill to identify new procedural requirements for tax returns or dispute resolution that will necessitate updates to firm-wide compliance manuals.
  • For your clients: Identify clients affected by specific TLAB proposals and coordinate written submissions to the Standing Committee on Finance before the 20 October 2025 deadline to ensure their interests are represented during the legislative process.

Originally published at https://legalacademy.co.za/news/read/draft-tax-bills-national-assembly-calls-for-written-submissions

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