Equalisation levy disallowance bars deduction for payments to non-residents unless levy is later paid allowing deduction in that year.

A new rule disallows deduction of any consideration paid or payable to a non-resident for a specified service where equalisation levy is deductible and that levy has not been deducted or, if deducted, has not been paid by the due date; however, if the levy is deducted later or paid after the due date, the sum is allowable as a deduction in the previous year in which the levy is paid.

---

---

---