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Call for comment: Draft Interpretation Note on tax deduction for amounts refunded to employees

04 March 2014   (0 Comments)
Posted by: Author: SARS Legal and Policy
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Author: SARS Legal and Policy

​This Draft Interpretation Note on Tax Deduction for Amounts Refunded to Employees provides guidance and clarity on the tax implications of amounts that were included in a person's taxable income and subsequently refunded or repaid.

The SAIT will be making a submission to SARS. Kindly submit all comments by no later than 28 April 2014.

Please click here to download the Draft Interpretation Note.


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.


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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