Print Page   |   Report Abuse
News & Press: SARS News & Tax Administration

Amendments to the rate per kilometre in respect of motor vehicles for section 8(1)(b)(ii) and (iii)

03 March 2015   (0 Comments)
Posted by: Author: SARS
Share |

Author: SARS

On the 25th  February 2015, SARS released a notice for the changes on the rates per kilometre for business travel claims.

AGAINST MOTOR VEHICLE ALLOWANCES

The notice serves to keep stakeholders informed of impending changes regarding the rate per kilometre in respect of motor vehicles for the purposes of section 8(1)(b)(ii) and (iii) of the Income Tax Act.

Please click here to access the notice.


WHY REGISTER WITH SAIT?

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.

Membership Management Software Powered by YourMembership  ::  Legal