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News & Press: Institute Announcements

Registration of tax practitioners: update your details by 1 July 2013

06 June 2013   (0 Comments)
Posted by: Author: Herman van Dyk
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Author: Herman van Dyk

From 1 July 2013, section 240 of the Tax Administration Act (28 of 2011) will require all natural persons who provides tax advice or completes (or assists in completing) tax returns to register with both:

  • SARS  as a tax practitioner AND
  • a recognised controlling body.

The following controlling bodies are recognised:

  • South African Institute of Tax Practitioners (SAIT)
  • Institute of Accounting and Commerce (IAC)
  • South African Institute of Chartered Secretaries and Administrators (ICSA)
  • South African Institute of Chartered Accountants (SAICA)
  • South African Institute of Professional Accountants (SAIPA)
  • General Council of the Bar of South Africa, Bar Councils and Societies of Advocates 
  • Independent Regulatory Board for Auditors  (IRBA)
  • Law Societies established in terms of Chapter 3 of the Attorneys Act, 1979.

Persons who provide tax services for no consideration or to an employer or under the direct supervision of a tax practitioner are not required to register.

Existing tax practitioners 

Existing tax practitioners (registered with SARS) and already members of a recognised controlling body, have to update their details on the TP-1 form to indicate to which controlling body they belong.

This has to be done by logging on to SARS eFiling on www.sarsefiling.co.za and performing the following steps:

STEP 1: click on SERVICES

STEP 2: click on TAX PRACTITIONER REGISTRATION under Additional Services

STEP 3: update your details (including the name of your controlling body) on the TP-01 form, tick the box to confirm and click on SUBMIT



WHY REGISTER WITH SAIT?

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.

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