Simplified method (less than 8 000 km travelled for business purposes)
Where a reimbursive allowance is received and the business km travelled is less than 8 000 km and no other allowances are received, the rate per km is R3.24 (at the option of the recipient, otherwise use the cost tables in the notice above).
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.