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News & Press: SARS News & Tax Administration

Updated SARS Payment Rules

02 July 2012   (0 Comments)
Posted by: SAIT Technical
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By SARS Legal & Policy

Since 2009 SARS has implemented procedures and processes that are less susceptible to fraud and inaccuracies, and provide clients with an accurate record of payments. This year, further changes are being implemented with respect to the submission of tax returns and payments made by clients.

Click here to download the updated SARS Payment Rules.




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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