Overview

In this webinar, we examine the full spectrum of tax debt negotiation under the Tax Administration Act (TAA), beginning with settlement during the ADR process and progressing through the debt management mechanisms available once a tax liability has become fixed.

The focus of the webinar is the management of acknowledged tax debt through SARS’s collection and debt relief mechanisms, namely Deferral of Payment and Debt Compromise. Practical guidance will be provided throughout the webinar that can assist attendees with navigating the processes.

Course Content

• Review of the taxpayer journey from assessment to collection.
• Debt reduction opportunities.
• Settlement of disputes under sections 142 to 150.
• Distinguishing settlement from compromise: negotiating the liability versus negotiating the debt.
• SARS collection powers and debt recovery procedures.
• Deferral of Payment arrangements.
• Compromise of tax debt.
• Third party liability and personal liability provisions.
• Permanent and temporary write-offs.
• SARS turnaround times, escalation procedures and service failures.

Competencies Developed

Upon completion of this CPD activity, participants will be able to:

• Distinguish between dispute settlement, instalment arrangements, compromise of tax debt and write-off mechanisms, and determine the appropriate remedy in each circumstance.
• Evaluate whether a matter remains suitable for settlement under sections 142 to 150 or whether it has progressed into debt management territory.
• Know what is needed to structure and negotiate settlement proposals during ADR in accordance with the requirements of Part F of the TAA.
• Know what is needed to prepare compliant debt deferral agreement applications.
• Compile debt compromise submissions that satisfy the disclosure requirements of section 201 and address the factors considered by SARS under section 202.
• Identify third party recovery risks and advise clients on potential exposure under sections 179 to 183 of the TAA.
• Advise taxpayers on the consequences of settlement agreements, compromise agreements and collection enforcement measures.
• Manage SARS turnaround failures through appropriate complaint, escalation and Tax Ombud channels.
• Develop practical negotiation strategies that maximise dispute resolution opportunities while preserving long-term taxpayer compliance.

Presenter

Theo Burrows

The Tax Faculty: Technical Advisor

Theo Burrows is a seasoned Tax Practitioner with over 30 years of experience in the corporate, non-profit, and small business sectors. In addition to being a practising independent tax practitioner, he serves the tax community as a technical advisor for The Tax Faculty.

The combination of ongoing tax education and practical experience enables him to competently address more complex tax issues of both individuals and organisations. He draws on all these skills and combines them with in-depth knowledge and understanding of the tax environment to provide tax advisory services to both taxpayers and tax practitioners.

CPD

Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of Tax CPD.

Event Investment

Free for Tax Technician, Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.

• Regular price:  R460.00
• Group booking discounts available when you register for a group.

Payments & Cancellations

• All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.
• Kindly note that should payment not be received 2 days after the event, legal action will be taken
• Proof of payment will be requested at registration, if payment does not reflect on Tax Faculty's bank account.
• Cancellations:
  • Only written notice of cancellation will be recognized.
  • If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.
  • If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.
• Delegates who book and fail to attend will be liable for the full event fee.
• Tax Faculty`s liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
• Please click here for the full terms and conditions.