FEEDBACK ON BULK INCOME TAX REGISTRATION NOW AVAILABLE
Feedback on the Bulk Income Tax Registration (ITREG) is now available for employers, who will be able to obtain Income Tax reference numbers for those employees that the South African Revenue Service (SARS) could successfully register using the recent Employer Reconciliation Declaration (EMP501) submitted for 2011 interim Pay-As-You-Earn (PAYE) reconciliation.
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.