Draft BGR on alternative documentary proof acceptable to the Commissioner to substantiate a vendor’s entitlement to a deduction under section 16(3)
The BGR sets out the information that must be contained in documentation for it to be regarded as being acceptable to the Commissioner, where the vendor is unable to obtain the documents specified under section 16(2)(a)-(f).
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.