SARS recently issued a draft
Interpretation Note that discusses and clarifies the potential income
tax, SDL and UIF implications in respect of the receipt of tips
encountered in (but not limited to) the service industry. The Note will
focus on a "tripartite” tipping relationship between the following three
parties: • The patron • The recipient • The owner.
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.