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News & Press: SARS News & Tax Administration

SARS Policies on Change in Banking Details

07 July 2011   (0 Comments)
Posted by: SAIT Technical
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SARS issued comprehensive policies on the change of taxpayers' banking details.  To view the relevant policies, click below

- Individuals,

- Companies and Trusts,

- Vat Vendors


WHY REGISTER WITH SAIT?

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.

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