Tax Administration Series (2022)
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Tax Administration Series (2022)

CPD Hours: 8

Price: R1782.00


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Tax Administration Series (2022)


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.

Part 1: Dealing with Tax Returns and Voluntary Disclosure

Tax return corrections can either be required in favour of the taxpayer or in favour of SARS. When in favour of a taxpayer, the taxpayer is seeking a reduced assessment. When in favour of SARS, SARS should be issuing an additional assessment. In this webinar, Nico Theron will discuss:

  • An overview of the remedies available to try and secure a reduced assessment.
  • An overview of the voluntary disclosure programme when an assessment is understated to mitigate penalty exposure associated with additional assessments.

Competencies developed in this CPD:

After part one in this webinar series, you will be:

  • Able to make corrections on tax returns (both in favour of the taxpayer and of SARS).
  • Competent to advise clients on the remedies available to secure a possible reduced assessment.
  • Updated on the voluntary disclosure programme – able to mitigate penalty exposure when an assessment is understated.

Part 2: Effectively Apply for Remission/Reduction of Tax Penalties and Interest

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:

After this session, you will be:

  • Informed about the TAA and that it makes provision for the imposition of different types of penalties.
  • Competent to apply penalties, knowing under what circumstances which penalty may be imposed and how SARS must impose penalties.
  • Knowledgeable about the circumstances under which SARS may remit the different types of penalties.
  • Competent to apply the correct procedure to request remission of a penalty.

Part 3: Drafting SARS Objections and Appeals

Drafting an objection is an art. Whilst the way in which an objection is drafted will be very much fact dependent, there are certain basic things that will always stay the same.

  • In this session, Nico Theron will provide some tips to consider when drafting an objection as well as explain what the minimum requirements are when drafting an objection.

Competencies developed in this CPD:

  • After this session, you will be:
  • Informed that an objection must contain certain minimum prescribed information and detail.
  • Competent on how to draft a good objection.

Part 4: Negotiating Tax Debt and Payment Arrangements with SARS

Outstanding tax debts can have serious consequences for taxpayers if not settled timeously and in full. Full and immediate settlement of a tax debt is not always possible though. To this end, the TAA makes provision for taxpayers to enter into payment arrangements and to apply for a debt compromise. In this session, Nico Theron will discuss:

  • The circumstances under which SARS may grant payment arrangements or enter into a compromise.
  • How to apply for a payment arrangement or compromise.

Competencies developed in this CPD:

  • After these sessions, you will be:
  • Informed about when SARS may enter into a payment arrangement.
  • Competent to apply for a payment arrangement/compromise.
  • Informed about when SARS may compromise a tax debt.

 

What's Included:

Tax Administration 2022: Drafting SARS Objections and Appeals

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. Drafting SARS Objections and Appeals (Webinar 3) Drafting an objection is an art. Whilst the way in which an objection is drafted will be very much fact dependent, there are certain basic things that will always stay the same. In this session, Nico Theron will provide some tips to consider when drafting an objection as well as explain what the minimum requirements are when drafting an objection. Competencies developed in this CPD  Able to train your staff on the minimum prescribed information and detail when drafting an objection.  Competent to draft a good objection.


2 Hours | R495.00
Nico Theron

Tax Administration 2022: Negotiating Tax Debt and Payment Arrangements with SARS

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. Negotiating Tax Debt and Payment Arrangements with SARS (Part 4)  Outstanding tax debts can have serious consequences for taxpayers if not settled timeously and in full. Full and immediate settlement of a tax debt is not always possible though. To this end, the TAA makes provision for taxpayers to enter into payment arrangements and to apply for a debt compromise. In this session, Nico Theron will discuss: The circumstances under which SARS may grant payment arrangements or enter into a compromise. How to apply for a payment arrangement or compromise. Competencies developed in this CPD Updated with important and current changes in tax legislation and SARS practice – for example, when SARS may enter into a payment arrangement. Competent to apply for a payment arragement/compromise.       Able to advise clients about when SARS may compromise a tax debt.


2 Hours | R495.00
Nico Theron

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

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.


2 Hours | R495.00
Nico Theron

Tax Administration 2022: Dealing with Tax Returns and Voluntary Disclosure

  Dealing with Tax Returns and Voluntary Disclosure (Part 1) Tax return corrections can either be required in favour of the taxpayer or in favour of SARS. When in favour of a taxpayer, the taxpayer is seeking a reduced assessment. When in favour of SARS, SARS should be issuing an additional assessment. In this webinar, Nico Theron will discuss: An overview of the remedies available to try and secure a reduced assessment. An overview of the voluntary disclosure programme when an assessment is understated to mitigate penalty exposure associated with additional assessments. Competencies developed in this CPD After part one in this webinar series, you will be: Able to make corrections on tax returns (both in favour of the taxpayer and of SARS). Competent to advise clients on the remedies available to secure a possible reduced assessment. Updated on the voluntary disclosure programme – able to mitigate penalty exposure when an assessment is understated.


2 Hours | R495.00
Nico Theron

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