The South African Revenue Service (SARS) has taken a phased approach to the implementation of the administrative system for dividends tax. We are now ready to implement the next phase which is secure file transfer via direct data flow channels. It is intended that both e@syFile™ for dividends tax and the IBM Sterling IBM®Connect:Direct® channels will be available for the submission of bulk data for dividends tax from the end of November 2012.
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.