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News & Press: Individuals Tax

Changes to amounts of subsistence allowances

24 February 2012   (0 Comments)
Posted by: SAIT Technical
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This document serves to keep stakeholders informed of impending changes regarding the amount of a subsistence allowance deemed to have been expended in terms of section 8(1)(c)(ii) of the Income Tax Act, 1962 (Act No. 58 of 1962). The changes set out in the Annexure to this document are to come into effect from 1 March 2012.

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.


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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