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News & Press: SARS News & Tax Administration

Government notice no 289: Determination of a date to elect to be registered as a micro business

09 May 2012   (0 Comments)
Posted by: SAIT Technical
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Government notice no 289 was published determining the date by which a person may elect to be registered as a micro business for the year of assessment commencing 1 March 2012 as 29 June 2012.

Click here to access the notice.

 


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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