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News & Press: SARS News & Tax Administration

Saving and submitting information on the income tax return for trusts

20 July 2015   (0 Comments)
Posted by: Author: SARS
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Author: SARS

It has come to SARS’ attention that taxpayers are experiencing a problem when saving information on the Income Tax Return for Trusts (ITR12T) on eFiling.

They have issued a notice on how this issue can be resolved.

Please click here to access the notice (20 July 2015). 


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.

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