On the 12th of August SARS released new Draft Tariff Amendments with regard to lower Alcoholic strength of wine. These drafts propose that the alcoholic strength of wine is to be lowered from 6.5 per cent to 4.5 per cent by volume in order to align with the amendments to the Liquor Product Act, 1989 (Act No. 60 of 1989).
SAIT will be making a submission to SARS on these amendments. Comments should be submitted to SAIT technical at email@example.com by no later than the 24th of August.
To view these draft amendments please click on one of the links below:
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.