Resources On-Demand

Tax Administration 2022: Effectively Apply for Remission/Reduction of Tax Penalties and Interest

This webinar on demand is part of a series of webinars. Click here to read more

Overview

In this four-part series, Nico Theron will cover some of the most common areas of practice regulated by the Tax Administration Act (TAA).

In particular, the series will cover:

• How to make corrections to returns (both in favour of SARS and taxpayers).
• The imposition and remittance of penalties.
• How to draft an objection.
• How to apply for payment arrangements and debt compromises.

Effectively Apply for Remission/Reduction of Tax Penalties and Interest - Webinar 2

A request for remission of penalties is not to be confused with an objection. In this session, Nico Theron will discuss:

• The types of penalties SARS may impose under the TAA.
• The procedure for remission and the circumstances under which SARS may grant remission.

Competencies developed in this CPD

• Updated on the Tax Administration Act – specifically regarding the provision of different types of penalties. · 
• Competent to apply penalties, knowing under what circumstances which penalty may be imposed and how SARS may impose penalties.
• Able to train your staff on how to apply the correct procedure to request remission of a penalty.

This Tax Administration Series consists of four parts (each webinar can be attended independently):

Video 1: Dealing with Tax Returns and Voluntary Disclosure
7 April 2022 | Click here to read more.

Webinar 3: Drafting SARS Objections and Appeals
7 June 2022 | Click here to read more.

Webinar 4: Negotiating Tax Debt and Payment Arrangements with SARS
7 July 2022 | Click here to read more.

Click here to view the full package.