The PAYE Interim Reconciliation period which ran from 1 September to 31 October 2012 for the 2013 year of assessment is now closed. We would like to thank everybody who submitted early and on time. If you have failed to submit your Employer Reconciliation Declaration (EMP501) and Employee Income Tax certificates [IRP5/IT3(a)s] for the transaction period 1 March to 31 August 2012 please submit as soon as possible to avoid penalties. Click here for our 8-point checklist giving you an overview of what you should be looking out for.
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.