South Africa - Get Tax Allowance Incentive

Advertisement

Procedure

Apply In-Person:

1. To apply for getting Tax Allowance Incentive in person, the person has to visit the office of Department of Trade, Industry and Corporation.
2. The address and contact details of the DTIC can be found in the following link: Link Refer to the bottom of the page.
3. Visit the office of DTIC and get the application form for getting Tax Allowance Incentive from the relevant department.
4. Complete the form as required with relevant details. Make sure that you have all the documents listed in the “Required documents” section of this page.
5. After completing the application form, attach all the documents required for the process with the completed form.
6. Then, proceed to submit the package to the relevant authority at the office for further processes. Make the payment as necessary.
7. After all the processes have got completed, the concerned authorities will proceed to make the arrangements for the incentive grant process.
8. The applicant can obtain any information regarding the progress of his/her request, from the office where the application has been made.

Advertisement

Required Documents

• Completed application
• Documented pricing methodology
• Detailed information on domestic distribution channels
• Documentation on Global Competitiveness contribution
• Documentation on investigations and findings by competition authorities
• Documentation on innovative technology (if any)

For more details: Link

Office Locations & Contacts

South African Revenue Service (SARS) - Head Office,
Lehae la Sars Building, 299 Bronkhorst Street,
New Muckleneuk, Brooklyn,
PRETORIA
Postal address: Private Bag X923
Pretoria,0001
Tel: (012) 422 4000
Call Centre: 0800 00 7277
Fax number: (012) 422 5180
Email: For Tax Practitioners: [email protected]
Email: For Taxpayers: [email protected]
Website: Contacts link

South African Revenue Service (SARS) Region Contacts Details
South African Revenue Service (SARS) Branches

Eligibility

• Any Greenfield investment or Brownfield investment that is need of support for capital investment or training, can apply.
• The project for which the incentive is being claimed, should be upgrading an industry within South Africa.
• The project should be employing small, medium and micro-sized enterprises (SMMEs) by acquiring goods and services from them.

Fees

Please approach the authorities for fees details.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Please explain processing time taken in obtaining the document/certificate.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Please complete the application with utmost care providing all the information legibly without any mistakes in order of avoid rejection of proposals.

• Also, attach all the necessary documents with the completed form, complying with all the criteria set for the documents submission.

• Please refer to this document before applying: Link

Required Information

• Applicant’s particulars
• Particulars of the company
• Business plan
• Financial information
• Tax clearance PIN

Need for the Document

Tax Allowance Incentive is designed to support Greenfield investments (i.e. new industrial projects that utilise only new and unused manufacturing assets), as well as Brownfield investments (i.e. expansions or upgrades of existing industrial projects). The new incentive offers support for both capital investment and training.

Information which might help

Refer: Link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Place some external links which might help.

Others

More information which might help people.