note that SAIT recently attended a round-table with National Treasury regarding
proposed changes to the taxation of small businesses.
2014 budget announced changes to the Small
Business Corporation (SBC) and Turnover Tax for micro businesses regimes.
It is imperative that the tax industry carefully consider changes to the small
business tax regimes.
Institute proposed to National Treasury that a survey be conducted. We
therefore appeal to you to complete the quick poll developed by SAIT to have
your voice heard and assist the Institute to provide commentary to National
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.