4 June 2007
The Minister of Finance, Trevor Manuel, today met leaders of five
organisations who have requested an extension to the small business tax amnesty
deadline. The Minister was joined by the Commissioner of the South African
Revenue Service, Pravin Gordhan.
Letters requesting an extension were received from the following
organisations:
* South African Institute of Professional Accountants (Saipa)
* South African Institute of Chartered Accountants (Saica)
* South African Chamber of Business (Sacob)
* National Professional Teachers' Organisation of South Africa (Naptosa)
* South African National Taxi Council (Santaco)
The Minister invited the five organisations to present their case for an
extension. The meeting was told that many potential applicants were unable to
apply for the amnesty because more time was required to prepare financial
statements and supporting documents. The organisations have made commitments
that include utilising their own internal structures and channels to increase
amnesty advocacy and education should the deadline be extended.
The Minister indicated that he would recommend a short extension and make an
announcement in parliament on 7 June 2007 when he introduces the Taxation Laws
Amendment Bill in the National Assembly.
Enquiries:
Adrian Lackay
Tel: 012 422 5743
Cell: 083 388 2580
Issued by: South African Revenue Service
4 June 2007
Source: South African Revenue Service (http://www.sars.gov.za)
