Getting on top of the penalty dispute resolution process
Duration: 2 hours
Price: R195.00
This is part of a series
Read more about seriesGetting on top of the penalty dispute resolution process
Presenters : Nico Theron
This webinar on demand is part of a series of webinars. Click here to read more
Overview
Understatement penalties can be severe as the South African Revenue Service (SARS) uses it to discourage taxpayers from under-declaring income or over-claiming expenses. These and late payment penalties often form the subject matter of a dispute with SARS.
In this video Nico Theron CTA (SA), will guide you through the process to understand the grounds on which a penalty has been imposed, if the taxpayer has room to request a remission, and what to do if there are no grounds to request a remission.
Video Content
- Understand the grounds for the imposition of penalties;
- Understand the grounds for the remission of these penalties; and
- Understand the appropriate procedure to follow when disputing these penalties.
Competencies developed in this video
- What the different types of penalties are that may be imposed by SARS under the TAA;
- When SARS can impose them;
- On what grounds they may be remitted;
- How to go about requesting remittance; and
- When to request remittance of penalties and when to object to penalties.
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