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News & Press: Corporate Tax

2015 Second Quarter Tax Update

08 September 2015   (0 Comments)
Posted by: Author: Shepstone & Wylie
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Author:  Shepstone & Wylie Attorneys

The purpose of this update is to summarise developments that occurred during the second quarter of 2015, specifically in relation to Income Tax and VAT. 

This summary is for clients, colleagues and friends alike to be exposed to the latest developments and to consider areas that may be applicable to their circumstances.

Please click here to view the latest Tax Report (7 September 2015).

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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.


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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