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News & Press: SARS News & Tax Administration

Notice amending the regulations made under section 72 of the Long-Term Insurance Act, 1988

23 February 2015   (0 Comments)
Posted by: Author: SARS
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Author: SARS

National Treasury issued a government notice on Friday 20 February 2015. 

The notice indicates that the Minister of Finance, under section 72(1)(gA) of the Long-term Insurance Act, has amended Part 4 of the Regulations made under section 72 of the Long-term Insurance Act. The amendment takes effect on 1 March 2015.

Please click here to access the notice.


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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