Monthly TaxCafé Discussion Forum: Resolving Current SARS Issues in Practice - July 2024
Duration: 2 hours
Price: R195.00
This video addresses the most pressing questions and concerns faced by taxpayers and tax practitioners this filing season. Carmen discusses a range of crucial topics, including the challenges posed by inadequate and late responses from SARS to queries, the common issue of SARS rejecting reasons for VAT assessments, and strategies for handling lapsed turnaround times from SARS. She covers the requirements for PAYE deductions for individuals receiving commission on revenue and the importance of maintaining supportive documents. Additionally, the session provides insights into claiming medical expenses in 2024 and the necessary supporting documents required by SARS to substantiate company claims for assessed losses to avoid being ring-fenced. Furthermore, we discuss the process for claiming tax refunds for individuals earning below the minimum tax bracket and the responsibilities of accounting firms in submitting PAIA returns on behalf of their clients.
After watching this video, viewers are able to:
Monthly TaxCafé Discussion Forum: Resolving Current SARS Issues in Practice - August 2024