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The SAIT's Annexure C Amendments and Technical Corrections Submissions to National Treasury

13 December 2013   (0 Comments)
Posted by: Author: SAIT Specialist Tax Committee Members
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Author: SAIT Specialist Tax Committee Members

With the SAIT Specialist Tax Committee proposals on the draft Bills for 2013 having been submitted to National Treasury and presented in Parliament, the legislative process was finalised. However, this heralded the time to start the development of the 2014 amendments (bills). That is the natural legal cycle with legislative amendments that we see annually. The official process in developing the amendment bills commence with the process within National Treasury as "Annexure C amendments and technical corrections” engagements with industry and stakeholders. 

In this regard, SAIT made its submissions to National Treasury dealing with Corporate tax, Individuals tax and VAT issues.

Please click on the links below to access the relevant submission.


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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