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News & Press: Opinion

Spreading the Good news: Our Responsibility

13 February 2013   (0 Comments)
Posted by: Stiaan Klue
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"I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear." - Nelson Mandela,


Paul Harris’ "letter to a friend” recently was on the button. His letter to his friend in Australia disparaging the notion that all is doom and gloom in South Africa should be required reading for everyone.

Yes we have challenges particularly poverty but this is changing.

Every day millions of South Africans go to work and hundreds of new businesses are registered. Every day hundreds of thousands of cars travel our roads. According to the recent census data 9 out of 10 households have access to water, 73% use electricity as a main source of cooking and 88.9% of households use mobile phones. 96.1% of children between five and seven go to school. The percentage4 of the population aged 20 and over with higher education has increased to 12.3%.

On the international scene South Africa achieved the number one global ranking for auditing and reporting standards – three years in a row. The World Economic Forum’s 2012/13 Global Competitiveness Report also ranked us very high with regards the efficacy of corporate boards, the regulation of the securities exchange and for our legal rights index.

NkosazanaDlamini-Zuma is the African Union commissioner, KosieLouw has been appointed as the chair of the Global Forum on Transparency and Exchange of Information for Tax Purposes. South Africa is serving a second term as a non-permanent member of the UN Security Council. South Africa is a member of BRICS, the grouping of most influential developing nations consisting of Brazil, Russia, India, China and South Africa. South Africa will host the 5th BRICS summit in 2013.

Individual South Africans achieve amazing things - we win gold medals, rank number one in test cricket, get senior appointments in multinationals, invent new technologies and reach consensus across racial and political divides. The site www.sagoodnews.co.za has some amazing stories about ordinary South Africans doing extraordinary things. There is a good news trend developing in South Africa and as tax practitioners we should not be left behind. Paul Harris’ approach should also be our approach. If a client comments on how bad things are let’s respond with how good things are – or can be.

If a client wants to start a business – let’s encourage him to do so. Let’s have the courage to believe in, and contribute to the good news story.


WHY REGISTER WITH SAIT?

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.

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