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News & Press: SARS News & Tax Administration

New Transfer Duty System

Saturday, 12 January 2013   (0 Comments)
Posted by: SAIT Technical
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The new Transfer Duty system has been operational since 3 November 2012 and the old system will be switched off for all new applications, effective 12 January 2013.



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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