Tax Practitioners to Correct RCB Information on RAV01 Forms

The South African Revenue Services (SARS) has identified discrepancies in the Recognised Controlling Body (RCB) information of approximately 5,000 tax practitioners on their Registration Amendments and Verification (RAV01) forms. In line with Section 240(1) of the Tax Administration Act, 2011, tax practitioners must be registered with both SARS and an RCB to remain compliant.

Incorrect RCB Information on RAV01 Forms

SARS discovered instances where tax practitioners claimed membership with specific RCBs that have since confirmed the practitioners are not their members. To resolve this, SARS will:

• Notify affected tax practitioners directly.

• Provide a deadline to update their RCB information on the RAV01 form.

Non-Compliance Leads to Deregistration

Failure to correct this information within the specified period will result in deregistration as a tax practitioner.

This initiative ensures the integrity of the tax practitioner register and aligns with compliance requirements. Practitioners are encouraged to verify and update their details promptly to avoid disruptions.

Read more in the November issue of the SARS Tax Practitioner Connect.