(zE)   any amount received by or accrued to the Small Business Development Corporation Limited, by way of any subsidy or assistance payable by the State;

(yA)   any amount received by or accrued to any person in respect of goods or services provided to beneficiaries in terms of an official development assistance agreement that is binding in terms of section 231(3) of the Constitution of the Republic of South Africa, 1996, to the extent –

(aa)   that amount is received or accrued in relation to projects that are approved by the Minister; and

[Subparagraph (aa) substituted by section 16 of Act 17 of 2017 and section 22 of Act 23 of 2018 effective on 17 January 2019]

(bb)   where that agreement was concluded on or after 1 January 2007, that that agreement provides that those receipts and accruals of that person must be exempt;

[Subparagraph (bb) substituted by section 22(1)(d) of Act 23 of 2018 and by section 10(1)(e) of Act 23 of 2020 deemed to have come into operation 1 January, 2007 and applicable in respect of years of assessment commencing on or after that date]

(cc)    ……….

[Subparagraph (cc) deleted by section 16 of Act 17 of 2017 effective on 18 December 2017]

(u)     any amount received by or accrued to any person-

 

(i)      from or on behalf of such person’s spouse or former spouse by way of alimony or allowance or maintenance of such person under an order of judicial separation or divorce granted in consequence of proceedings instituted after the twenty-first day of March, 1962, or under any agreement of separation entered into after that date.

 

(iA)    any amount referred to in subparagraph (ii) of paragraph (b) of the definition of “gross income”, other than any amount deemed to accrue to that person in terms of section 7(11); or

[Subparagraph (iA) inserted by section 11(1)(b) of Act 5 of 2026 effective on 1 March, 2026 and applicable in respect of years of assessment commencing on or after that date]

(t)    the receipts and accruals –

(i)      of the Council for Scientific and Industrial Research;

(ii)     of the South African Inventions Development Corporation;

(iii)    of the South African National Roads Agency Limited incorporated in terms of section 3 of the South African National Roads Agency Limited and National Roads Act, 1998 (Act No. 7 of 1998);

(iv)    ……….

(v)     of the Armaments Corporation of South Africa Limited, contemplated in section 2(1) of the Armaments Corporation of South Africa, Limited Act, 2003 (Act No. 51 of 2003);

(vi)    of any company during any period during which all the issued shares of such company are held by the Corporation referred to in subparagraph (v), if the operations of such company are conducted in pursuance of, or are ancillary or complementary to, the objects of the said Corporation;

(vii)   of any traditional council or traditional community established or recognised or deemed to have been established or recognised in terms of the Traditional Leadership and Governance Framework Act, 2003 (Act No. 41 of 2003), or any tribe as defined in section 1 of that Act: Provided that the Minister may by notice in the Gazette determine that those receipts and accruals shall not be exempt with effect from any year of assessment commencing on or after a date to be determined by the Minister in such notice;

(viii)  of any regional electricity distributor that is wholly owned by any person that is exempt from normal tax during any year of assessment commencing before 1 January 2014, or before a later date that may be determined by the Minister by notice in the Gazette;

(ix)    of any water services provider;

(x)     of the Development Bank of Southern Africa established on 23 June 1983;

(xi)    ……….

(xii)   ……….

(xiii)  ……….

(xiv)  ……….

(xv)   ……….

(xvi)  of-

(aa)   the compensation fund established by section 15 of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993);

(bb)   the reserve fund established by section 19 of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993); and

(cc)   a mutual association licensed in terms of section 30 of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993), to carry on the business of insurance of employers against their liabilities to employees, if the compensation paid by the mutual association is identical to compensation that would have been payable in similar circumstances in terms of that Act;

[Subparagraph (xvi) inserted by section 28 of Act 24 of 2011 and amended by section 23 of Act 15 of 2016 effective on 1 April 2016, applies in respect of receipts and accruals on or after that date]

(xvii)  of the National Housing Finance Corporation established in 1996 by the National Department of Human Settlements;

[Subparagraph (xvii) added by section 23(1)(h) of Act 15 of 2016 and substituted by section 9(1)(b) of Act 17 of 2023 with effect from 1 April, 2024 and applicable in respect of years of assessment ending on or after that date]

(xviii) of the Corporation for Deposit Insurance established in terms of section 166AE of the Financial Sector Regulation Act:

[Subparagraph (xviii) inserted by section 9(1)(c) of Act 17 of 2023 with effect from 1 April, 2024 and applicable in respect of years of assessment ending on or after that date]

: Provided that any entity contemplated in this paragraph must comply with such reporting requirements as the Commissioner may determine;

(s)     any amount by which the employees’ tax as defined in section 1 of the Employment Tax Incentive Act, 2013, payable by an employer as contemplated in section 3 of that Act is reduced in terms of section 2(2) of that Act or paid in terms of section 10 of that Act;

(r)      any gratuity (other than a leave gratuity) received by or accrued to any person from public funds upon his retirement from any office or employment under the Government, including the Railway Administration and any provincial administration, or from the funds of the Land and Agricultural Bank of South Africa upon his retirement as a member of the board of the said Bank, which the Treasury declares to be free of tax;