Ride sourcing services now eligible for taxi travel FBT exemptions – Treasury Laws Amendment (2019 Measures No. 3) Bill 2019 – Act 64 of 2020

On 22 June 2020, the Treasury Laws Amendment (2019 Measures No. 3) Bill 2019 received Royal Assent as Act No. 64 of 2020, bringing good news to employers. Amongst other things, the new Act has amended the FBT Law, so that the definition of ‘taxi’, in that Act, matched the definition in the GST Law.…