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 2012 PAYE Annual reconciliation.
Bulk ITREG is performed automatically, twice a year, during the annual and interim employer reconciliation periods. Where an employer submits the interim or annual EMP501 a bulk registration process for employees, who are not registered for Income Tax, is performed.
Click here to obtain more information and steps on accessing income tax registration numbers and feedbackon Easyfile Employer.
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.