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.
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.