This interactive workshop will cover eFiling and e@syFile. Each product presentation will close with a Q&A session.
Delegates are encouraged to bring their laptops along to work on any ongoing issues that they may have. (To address issues, del
egates require an eFiling admin login and password, and/or the latest version of e@syFile and updates.)
This webinarwill cover key issues for completing individual tax returns for the 2019 tax filing season. The workshopwill focus on important amendments to the ITR12 return as well as technical updates, discussions around practical application and case
From the beginning of 2019, SARS started levying non-compliance penalties, following the issuing of a public notice, where companies failed to submit returns of income.
This webinarwill deal with the levying of administrative non-compliance penalt
ies and understatement penalties. Specifically, when SARS must impose a penalty, how it is calculated and what remedies are available to the taxpayer.
If a tax debt is not paid in full by the effective date, interest accrues-, and is payable, on the amount of the outstanding balance of the tax debt. The webinar will deal with the general interest rules and when the taxpayer can request for the interest not to be payable.
There are many important changes you need to know about this Tax Season. Some of these changes include:
The income threshold to file an ITR12 has changed from R350000 to R500 0000 per annum –butbewarned, you need to make sure you meet all
There are newTax Season deadline datesfor non-provisionaltaxpayers filing their ITR12s
SARS eFiling platform and theMobiApp have been revamped to include features like:
A new-look ITR12 form in HTML5 format
Customised simulated tax calculations that can be accepted or updated
Biometric authentication and the use of One Time Pins (OTPs) for added security
This webinar will ensure you are ready for Tax Season 2019.
Provisional taxpayers are often penalised by SARS, not because the provisional tax was paid late, but as a result of the underpayment of provisional tax due to an underestimation.
In this webinar, we will revisit the law relevant to provisional ta
xpayers and the payment of provisional tax. The webinar will specifically deal with how the estimate of taxable income must be made and the relevance of the ‘basic amount’ in this respect.
Wewill then specifically explain when SARS can, or must, levy the estimation penalty, and the remedies that are available to the provisional taxpayer to have the penalty remitted. The final issue will relate to interest where the additional payment was not made by the provisional taxpayer.
The webinaris developed to assisttax practitioners in exercising due diligence when preparing the ITR14 tax return.
The primary responsibility of the tax practitioner with regard to the submission of the ITR14 is to ensure that complete and accura
te information is submitted to SARS and that defendable positions are taken whenever Uncertain Tax Positions arise.
The tax compliance function is not simply an administrative function; the tax practitioner must exercise “reasonable care” when preparing the ITR14. Failure to do so may lead to an understatement penalty of 25% in a standard case – even where the taxpayer is in an assessed loss position.
This webinarwill be case study based and learning will occur on a practical and interactive basis.
We couldn't found any email record. Please create new account Create an account
Ask a Technical Question is available to subscribers. Click here to find out more