01 July 2013 – Start of the 2013 Tax Season

From around 6.30am this morning, some 260 South African Revenue Service (SARS) officials across the country have been out at street intersections, train stations, hospitals, post offices, government buildings, shopping centres and other public areas to distribute leaflets during peak hour traffic to raise public awareness about the start of the Tax Season.

14 May 2013 – Recognition of the controlling bodies of tax practitioners

The Tax Administration Act, 2011, has been amended to require tax practitioners to register with a recognised controlling body by 1 July 2013, in addition to the existing requirement that they register with SARS. This amendment is intended to provide a framework that will ensure that tax practitioners are appropriately qualified and that a mechanism is available, both to taxpayers and SARS, to address misconduct.

29 April 2013 – Media statement on Debt limitation

Joint media statement from SARS and National Treasury on proposed limitations against excessive interest tax deduction for public comment. The annual tax proposals announced by the Minister of Finance in the Budget are given effect by a series of tax bills expected to be tabled during the year, including the Tax Laws Amendment Bill, 2013 (“2013 TLAB”) and the Rates and Monetary Amounts and Amendment of Revenue Laws Bill, 2013.