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SAICA: Feedback summary of meetings with OTO & SARS meetings
- 08 August 2023
- Accounting
- South African Accounting Academy
SAICA attends various discussions and meetings on behalf of members with the National Treasury (“NT”), South African Revenue Service (“SARS”), the Office of the Tax Ombud (the OTO) and other stakeholders (internal and external). These meetings represent an opportunity for stakeholders to obtain further information on any tax matter from the public and discussions and views expressed do not represent policy or decisions. Furthermore, these discussions do not represent an undertaking by SARS, NT, or other stakeholders, but merely statements of their understanding or how they perceive or anticipate a particular matter to be addressed.
Details on the following meetings are provided:
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RCB Forum Introductory Meeting with the new Tax Ombud (held on 1 August 2023)
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SARS/RCB Eastern Cape Stakeholder Engagement (held on 31 July 2023)
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This is a summary of 11 items of some of the SAICA agenda items raised with SARS as well as SARS feedback on such issues. The matters raised are determined through engagements with members via the various committee structures and discussion groups, as well as queries logged by members on the SAICA Member Portal and those raised in the tax seminars held during the year.
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Click here to download the Feedback Summary:
Relevance to Auditors, Independent Reviewers & Accountants:
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Practitioners providing tax services should stay informed of the latest developments that are published by regulators, e.g. when SAICA holds meetings with the Office of the Tax Ombud, SARS and Regional RCBs.
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This knowledge will assist Practitioners to be aware of common difficulties experienced, as well as discussions and proposals that were made during these stakeholder meetings.
Relevance to Your Clients:
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Taxpayers should stay informed of the latest developments that are published by the relevant regulators.