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Directive on the Taxi relief fund
- 10 January 2022
- South African Accounting Academy
The Department of Transport secured once off ex gratia relief funds to the value of R1 135 billion to assist operators towards the impact of COVID-19 in the taxi industry.
The relief fund of an amount of R5 000.00 per qualifying operator is not intended to compensate for loss of income.
The cut-off date for the submission of application of the taxi relief fund is 28 February 2022.
All payments for qualifying applications must be completed by 31 March 2022.
Click here to download the Directive:
https://www.gov.za/sites/default/files/gcis_document/202112/45575gon1567.pdf
How does this affect you and your clients?
Relevance to Auditors, Independent Reviewers & Accountants:
- You may need to advise your taxi driver clients on the existence and contents of this directive.
Relevance to Your clients:
This will apply to your taxi driver clients who hold operating licenses to ferry passengers for reward by either motorcar, minibus or midibus.
To stay current with all the latest changes and updates subscribe to our Monthly Compliance and Legislative Update series for R 250.00 per month. This gives you access to a monthly 2-hour webinar and monthly newsletter:
https://accountingacademy.co.za/profession/monthly-legislation-update
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