collections for the 2012/13 fiscal year amounted to R814.1bn, 9.6%
higher than the R742.6bn collected during the preceding year. According
to Minister Gordhan, SARS performed well given the current global economic environment and
domestic supply side disruptions (such as the disruptions in the mining sector).
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.