In terms of this Government Notice, No. 260 (GG 36346), specified persons must
submit returns of third party information in respect of the 2013 and future
years, by the dates specified in Government Notice, No. 260 – the first due date is 31 May 2013.
Whilst there was a similar notice in the 2012 year, there have been changes in
terms of the persons required to submit returns as well as the types of returns
required and it is important that all affected persons are aware of these
changes to ensure that the correct information is supplied to SARS, by the
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.