SARS released the 2012 Tax Statistics bulletin on 22 October 2012. The publication consists of five chapters including a summary of aggregate tax revenue collection trends for the period 2007/08 to 2011/12 and statistics on personal income tax, corporate income tax, VAT and customs duty.
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.
MINIMUM REQUIREMENTS TO REGISTER
The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.