Treasury invites public participation in UDZ tax incentive review survey

In the 2023 Budget Review, the National Treasury announced an extension of the urban development zone (UDZ) tax incentive sunset date to March 31, 2025, to consult stakeholders as part of a review of the incentive. Treasury now calls on all interested parties to participate in the UDZ tax incentive online survey, noting that public consultation is key in any policy review process.