The draft rule amendment has been submitted by SARS for public comment.
The Motor Industry Development Programme (MIDP) was concluded on 31 December 2012 and replaced by the Automotive Production and Development Programme (APDP), which came into operation on 1 January 2013. Clients who participate in the APDP are required to complete an APDP quarterly account. This draft amendment proposes the deletion of the MIDP forms and insertion of newly developed APDP forms.
SAIT will be making a submission to SARS and all comments should be submitted before the 7th of September.
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.