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South Africa’s new tax laws and National Qualifications Framework deductions 2017

New amendments to the Taxation Laws Amendment Bill, introduced changes on tax deductions available to businesses. 2017

With regard to a person without disability, the value of the deduction is increased from R30,000 to R40,000 for qualifications from NQF (National Qualifications Framework) level 1 to NQF level 6 and decreased from R30,000 to R20,000 for qualifications from NQF level 7 to NQF level 10.

With regard to person with disability, the value of the deduction is increased from R500,000 to R600,000 for qualifications from NQF level 1 to NQF level 6 and remains at R50,000 for qualifications from NQF level 7 to NQF level 10.

A cap of R20 million was also introduced on the claim allowed to each employer.