Revenue eBrief No. 109/14 clarifies the Finance Act 2014
amendments to the Capital Acquisitions Tax treatment of receipts by children
for the provision of support, maintenance or education from their
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.