CATEGORIES
- (1) Negotiating Tax Debt and Payment Arrangements with SARS
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- (1)Salaried Employees
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- (2)Tax Administration Part 2B: Resolving Problems with SARS using the Tax Ombud
- (1)Tax Administration Part 3B Dispute Resolution - Objection and appeal
- (2)Tax Update
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- (1)Tax residence
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- (1)Trust types and income allocations
- (5)Trusts
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Important Alert: SARS Changes to CPD Requirements and Record-keeping
- 01 June 2022
- Tax Administration
- The Tax Faculty
SARS issued a notice to registered controlling bodies (RCBs) announcing the change to the CPD requirements applicable to registered tax practitioners. The new requirement is a minimum of 18 verifiable CPD hours per year.
Effective 1 June 2022, SARS registered tax practitioners are required to comply with the minimum of 18 verifiable CPD hours annually as follows:
- Ten tax hours.
- Two ethics hours.
- Six hours relating to the service provided by the practitioner (e.g. accounting, auditing, payroll, business advisory, etc.)
The relevant CPD hours will be pro-rated for the year 2022 as follows:
SARS tax practitioners registered prior to 1 June 2022
The current requirement of 15 hours of mandatory CPD will be apportioned for five months (i.e. 1 January 2022 to 31 May 2022), and the new 18 hours of CPD will be apportioned for the remaining seven months of 2022 (i.e. 1 June 2022 and 31 December 2022), and must be split between tax, ethics, and ‘other’).
SARS tax practitioners registered on or after 1 June 2022
CPD will be apportioned based on the date on which the tax practitioner registered and the 18 hours of CPD will apply.
Your CPD logbook
SARS tax practitioners are required to keep record of their CPD activities for a period of five years.
You are reminded that all your CPD activities can be recorded on The Tax Faculty CPD management system. Click here to access your CPD logbook and to load further CPD activities from any other training providers. You can simply download the logbook should you need it for your verification by your RCB. Alternatively, you can also instruct us to submit your CPD logbook on your behalf to save you time.