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BPR 161 - Employee Share Ownership Plan

Wednesday, 05 February 2014   (0 Comments)
Posted by: Author: SARS Legal and Policy
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Author: SARS Legal and Policy

This ruling published on 04 February 2014 deals with the income tax and employees’ tax consequences for an 
employer and a trust through which an employee share scheme will be implemented.

Please click here to download Binding Private Ruling 161.



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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