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| SAIPA Notification: 05 May 2020 |
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| INCLUSION OF TAX PRACTITIONERS AS ESSENTIAL SERVICES UNDER ALERT LEVEL 4 LOCKDOWN REGULATIONS |
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Dear {{ first_name }} {{ last_name }},
After continuous engagement between SAIPA together with various other professional bodies and the relevant government departments and stakeholders, we can confirm that the definition of essential financial services has been extended to include services required to comply with an obligation imposed by or to exercise a right afforded in terms of a tax Act, as defined in the Tax Administration Act, 2011 (Act No. 28 of 2011) or the Customs and Excise Act, 1964 (Act No. 91 of 1964), whether provided by an external service provider or directly by a taxpayer, trader or an employee of a taxpayer or trader.
Attached is a Government Gazette dated 4 May 2020 confirming the inclusion of tax services as an essential service. |
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WHAT DOES THIS MEAN
- According to this definition, registered tax practitioners and their employees will be regarded as essential services providers under level 4 restrictions.
- Tax practitioners will be required to provide their employees with a permit in accordance with Form 2 which will enable their employees to return to work.
- The amendment extends essential financial services as per PART H Item 2 of the Regulations to include services to comply with either an obligation or to exercise a right under a Tax Act or the Customs and Excise Act. This extension will include other services such as compilation of financial statements, record keeping, issuing invoices, making payments, and other services necessary to comply with Income Tax Act and Customs and Excise Act.
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| Whilst every effort is taken to avoid errors, the company cannot accept responsibility for the accuracy of any statement, extract or information contained within the sections of this product and or service, nor can any of its contributors who have submitted material for inclusion. The company may update this product and or service and anything described in it without notice. Errors and omissions excepted (E&OE). |
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