PROPOSED AMENDMENT TO REGULATIONS ISSUED IN TERMS OF SECTION 107A(1) OF THE INCOME TAX ACT, 1962 (ACT NO. 58 OF 1962), TO PRESCRIBE THE PROCEDURES TO BE OBSERVED IN LODGING AN OBJECTION AND NOTING APPEAL AGAINST AN ASSESSMENT AND THE CONDUCT AND HEARING OF AN APPEAL BEFORE A TAX COURT WERE RELEASED FOR PUBLIC COMMENT.
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.