Print Page   |   Report Abuse
News & Press: Individuals Tax

Regulation to determine “retail market value” for the determined value of a motor vehicle

06 May 2015   (0 Comments)
Posted by: Author: SARS
Share |

Author: SARS

SARS issued ​a regulation under items (a) and (c) of the definition of "determined value" in paragraph 7(1) of the Seventh Schedule that set out the determination of the "retail market value” for the right of use of a motor vehicle.

Please click here to access the regulations.


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