Unusually, taxation has gotten into the front of the news queue lately. On the one side there is growing taxpayer concern at apparent waste of their contributions through controversial Government spending on things like Gauteng’s eTolls and Nkandla. There is also growing concern, recently articulated by Western Cape Premier Helen Zille, at the hijacking by the Zuma cabal of the tax collector, SA Revenue Services. Few are better positioned to provide perspective on these issues and the sliding tax morality than Keith Engel, deputy CEO of the SA Institute of Tax Professionals, who during 14 years at the National Treasury was responsible for the legal aspects of SA taxation. Articulate and obviously well connected, he visited with us at the CNBCAfrica studio today to share his insights. There’s a strong warning – he worries that the country is now experiencing "the beginnings of a tax revolt.”- AH
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.