Monthly TaxCafé Discussion Forum: Resolving Current SARS Issues in Practice - July 2024


Duration: 2 Hours

Price: R195.00

Video Type: Single

Presenter: Carmen Westermeyer
BCom (Honours Accounting) [UND] CA(SA)

SARS Issues

SARS Issues
...

Monthly TaxCafé Discussion Forum: Resolving Current SARS Issues in Practice - July 2024

Duration: 2 hours

Price: R195.00


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Title / Topic

Monthly TaxCafé Discussion Forum: Resolving Current SARS Issues in Practice - July 2024

Presenters : Carmen Westermeyer


Overview

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.


Video Content

  • Inadequate and late response by SARS to queries raised.
  • SARS rejecting reasons for VAT assessments.
  • How to handle lapsed turnaround time from SARS.
  • Requirement for PAYE to be deducted for a person who receives a commission on revenue.
  • Importance of supportive documents.
  • Claiming medical expenses in 2024.
  • Supporting documents required by SARS for companies to substantiate their claims for assessed losses to avoid being ring-fenced.
  • Claiming tax refunds for persons earning less than the minimum tax bracket.
  • Accounting firms submitting PAIA returns on behalf of clients.

Competencies Developed in this Video

After watching this video, viewers are able to:

  • Be informed about the best solutions to resolve current taxpayer issues.
  • Become competent in efficiently and proactively resolving current issues experienced in their practice.
  • Guide their staff to effectively assist and support clients with their systemic tax issues.
  • Be informed about available resources to resolve taxpayer issues.
  • Be guided on where to find guides and FAQs on SARS-related concerns.

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