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News & Press: Institute Announcements

Amendments to Tax Administration Act, 2011

Saturday, 18 August 2012   (0 Comments)
Posted by: SAIT Technical
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SARS released the draft Tax Administration Amendment Bill, 2012 on 5 July 2012. The SAIT Technical committee drafted a submission on the Tax Administration Amendment Bill, 2012.  The Bill introduced phase 1 of the regulation of tax practitioners.

The submission can be accessed 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.

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