SARS released the draft Tax Administration Amendment Bill, 2012 on 5 July 2012. The SAIT Technical committee drafted a submission on the Tax Administration Amendment Bill, 2012. The Bill introduced phase 1 of the regulation of tax practitioners.
Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.