The Draft Taxation Laws Amendment Bills, 2011 were publicly released on 2June 2011. National Treasury and SARS conducted the initial briefing before theStanding Committee on Finance on 15 June 2011. Public responses to the Committee were presented at hearings held on 21 and 22 June 2011.
The final response document was released on 22 November 2011. To access the document, click here
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.