Fewer SA businesses than expected have taken advantage of tax relief measures put in place due to Covid-19, and these measures may be extended by a month or two, Treasury deputy director-general Ismail Momoniat told Business Day TV on Wednesday.

The Treasury raised the possibility (https://www.businesslive.co.za/bd/national/2020-07-14-treasury-ponders-extending-covid-19-tax-relief-measures/) of an extension during a joint meeting of parliament’s two finance committees on Tuesday, saying an extension would depend on the duration of SA’s lockdown.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now