The South African Revenue Service (SARS) has released trade statistics for December 2015, that recorded a trade surplus of R8.22 billion. This figure includes trade data with Botswana, Lesotho, Namibia and Swaziland (BLNS).
Please click here to view full document (29 January 2016).
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.