SARS would like to inform members and the public that the SARS External Business Requirement Specification (BRS) - IT3 Data Submission (which includes Withholding Tax on Interest (WTI) and Tax Free Savings/Investments) is being updated with feedback from industry stakeholders and will soon be published.
The latest IT3 due dates can be accessed here (17 April 2015).
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.