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Odometer day - remember to record your mileage

01 March 2013   (0 Comments)
Posted by: SAIT Technical
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1 March 2013

Today marks the start of the 2014 year of assessment for individual taxpayers.

Please remember to record your vehicle odometer reading as at 28 February 2013 if you receive the use of a company car or a travel allowance.

SARS Prescribed Travel Logbook


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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