Over the Festive Season, the estimated time to complete Advance Tax Rulings applications will be extended because of the number of business days available. Kindly note that the 18 business days from 15 December 2012 to 15 January 2013 (both dates included) must be added to the estimated time to complete a ruling application. The freeze period is applicable to all applications that are in progress during that period.
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.