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Call for comment: Draft Taxation Laws Amendment & Draft Tax Administration Laws Amendment Bills

Friday, 18 July 2014   (0 Comments)
Posted by: Author: SARS
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Author: SARS

 2014 Draft Taxation Laws Amendment Bill and Draft Tax Administration Laws Amendment Bill released for comment

The Media Statement issued by National Treasury gives a summary of the main issues and the more comprehensive descriptions are included in the draft Explanatory Memorandum on the Taxation Laws Amendment Bill, 2014 and the Memorandum on the Objects of the Tax Administration Laws Amendment Bill, 2014.

Note that Draft Regulations and a Draft Notice are included in the batch for comment - due by no later than 17 August 2014.

SAIT will be making submissions to this matter.  Kindly submit all comments to by no later than 13 August 2014.



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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