Durban businesswoman Shauwn Mpisane was punished for making a voluntary disclosure to the SA Revenue Service (Sars), the Durban Regional Court heard on Monday.
Mabongi Flora Junior Shauwn Mpisane is accused of inflating invoices by more than R5 million in a bid to cut her tax bill. She is also accused of violating the Close Corporations Act by remaining the sole member of Zikhulise Cleaning, Maintenance and Transport CC when she had a previous fraud conviction. She has pleaded not guilty.
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.