Income Tax Act, 1962 (Act 58 of 1962)
New Income Tax System (NITS)
Notice No. 2906 of 1999
South African Revenue Service
PAYE (Tax Directives)
The implementation of the New Income Tax System (NITS) has as one of its objectives to automate and expedite the processing of Applications for Tax Directives. To achieve this it was necessary to redesign current application forms (Forms A and D, B and C) used by funds when applying for tax directives. The forms hereunder are published for the information of all persons concerned with the administration of pension, provident and retirement annuity funds, to which the Second Schedule to the Income Tax Act (Act 58 of 1962, as amended) applies and replace the forms published under General Notice 234 of 1987 in Government Gazette 10692 of 10 April 1987.
Funds are requested to prepare their own forms according to the forms below. The forms will also be available on the SARS website (www.sars.gov.za).