New regulations have been published by the Minister of Finance, listing imported goods to be used in SEZs which qualify for a rebate of customs duty (government notice 722 and 724) as well as the non-imposition of VAT (notice 723). (14 August 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.