In an effort to ensure a more efficient interim reconciliation declaration (EMP501) submission process, SARS has introduced certain changes. Those changes include new fields on the EMP501, Legislative changes and more.
Please click here to read the full notice issued by SARS.
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.