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South African Accountants Support Call To Regulate Tax Advisers

by Robert Lee, Tax-News.com, London

27 June 2002

The South African Institute of Chartered Accountants (SAICA) announced this week that it will support the South African Revenue Service (SARS) in its decision to regulate tax advisers who are not registered with SAICA or any other professional body.

The Business Day news service reported on Tuesday that the Institute's Chairman, Beric Croome has called for a meeting with the SARS Commissioner, Pravin Gordhan in order to further discuss the issue, and has promised the tax authorities that SAICA will 'proactively support' the initiative to review the country's tax laws in order to better protect South African taxpayers.

Speaking to Business Day, Mr Croome explained the reasoning behind his vehemence on this issue, revealing that the Institute has received: 'many complaints from members of the public for poor performance or other problems encountered with accountants related to people not registered with SAICA', with which it has been unable to assist.

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