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Unpacking the Tax Administration Act

09 May 2013

The Tax Administration Act (TAA) was signed into legislation by President Jacob Zuma in December 2012, and its introduction has precipitated the most significant shifts to the tax regime since democracy in South Africa.

The Tax Administration Act will be the central focus of the National Tax Conference taking place on 15 to 17 May at the Sandton Convention Centre in Johannesburg.

This important piece of legislation will be the central focus of the National Tax Conference which takes place on 15 to 17 May at the Sandton Convention Centre in Johannesburg.

 Hosted by the South African Institute of Tax Practitioners (SAIT), the conference will present delegates with an overview of the entire TAA and its far reaching implications for the tax professional and payer alike.

“The 22 strong speaker panel comprises a cast of the brightest minds, assembled from leading auditing companies, the law profession, academia and big industry,” remarks Stiaan Klue, chief executive of SAIT.

Delegates will enjoy over 20 hours of high quality content and unique opportunities to network with tax practitioners, lawyers, accountants, advisors and managers from throughout South Africa.

Researched and developed by the Institute for International Research (IIR), the conference will show how the TAA has extended SARS’ powers, and has significantly altered previous audit procedures and rules. In addition to looking at how the TAA has laid the foundation for further modernisation of the tax system, the conference will also reveal where the TAA has extended taxpayer rights and has imposed new administrative obligations on the part of SARS.

Keeping up to date via Continuing Professional Development (CPD) is now a statutory requirement for a registered professional,  and conference delegates will earn themselves six CDP points per day while enjoying a unique opportunity to network with like-minded tax practitioners, lawyers, accountants, advisors and managers from throughout South Africa.

Delegates will learn to identify areas of the Act which are disputed, tricky to interpret or unclear through a unique perspective on the entire TAA, facilitated by Pieter Faber, senior manager of Tax Technical at PwC, while the esteemed Dr. Beric Croome will give detailed insight into the amended taxpayer’s rights.

Other pertinent topics to be covered include a master-class led by Muhammad Saloojee, director of Tax and Legal at KPMG, in the new information gathering powers which SARS can now exercise, while Professor Jackie Arendse from WITS will give a detailed breakdown of the revised penalty regime.

This is the fourth National Conference on Tax which SAIT has hosted, and the event has firmly established itself as a highlight on the South African tax calendar through the credentials of the assembled speakers and the value of the material presented.

“ Taking place over three days with expert  presenters from various disciplines in tax, this an event that no one involved in South African tax can afford to miss,” says Klue.

To reserve your place, or to book a table for your company, please contact SAIT via telephone at 011 662 2837, email registrations@thesait.org.za or visit www.thesait.org.za/event/taa for more information.

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