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News & Press: Corporate Tax

Notice to Reporting Institutions to Furnish Bi-Annual Returns of Investment and Interest

07 March 2012   (0 Comments)
Posted by: SAIT Technical
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Notice to Reporting Institutions to Furnish Bi-Annual Returns of Investment and Interest with effect from the 2013 year of assessment in terms of section 69 of the Income Tax Act.

To access the Notice and list of Reporting institutions, click here


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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