Exemptions are provided for under ITA, s 10. The condensed list below illustrates certain exemptions from gross income. It is important to note these exemptions, since they will fall outside a taxpayer's remuneration for the reasons discussed above:
- Ìý
•ÌýÌýÌýÌý Section 10(1)(gB) – amounts paid in respect of the Workmen's Compensation Act No 30 of 1941 or the Compensation for Occupational Injuries and Diseases Act No 130 of 1993, or any death or disablement arising out of the taxpayer's employment.
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•ÌýÌýÌýÌý Section 10(1)(gC) – amounts received or accrued to a resident under the social security system of another country, or lump sums, pensions or annuities received or accrued
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