My client and his wife owns commercial property which is rented out. while preparing the 2019 financials for the partnership it has become apparent to me that I have duplicated the rent received in the 2018 financials for the partnership and the client di
Important:
This answer is based on tax law year ending 28 February 2019.
Answer:
Essentially both of these are in essence a request for a reduced assessment. This is made under section 93(1)(d) of the Tax Administration Act. Section 93(2) specifically states that the assessment can be reduced despite the fact that no objection has been lodged or appeal noted.
Because the one spouse’s return was selected, the option to request a correction to the return is no longer available to that return. But for the other spouse it is and it should be used. It is a much faster process, even where SARS requires supporting documents in a verification of the adjusted return.
According to the SARS dispute resolution guide, the “procedure to obtain a reduced assessment would be the request for correction (RFC) procedure whereby the taxpayer furnishes details of such an error or claim to SARS, preferably in writing, together with any necessary documentation or proof if required.” The section 93(1)(d) request is made by way of a letter, submitted by email to SARS. Use the pcc.xxx@sars.gov.za or contact.xxx@sars.gov.za. The xxx must be replaced by ‘central’, ‘north’, ‘east’ or ‘south’ and depends on where the taxpayer resides.