Engaging SARS - Requests and Turnaround Times

Price:
R565.00 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Biz Facility
Duration:
150 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


There are ways to reduce frustration, save time and costs when engaging with SARS. With tax filing season in full swing, many taxpayers are dealing with the reality of challenging a SARS assessment. However, the Office of the Tax Ombud recently found that roughly 94 percent of certain assessments raised by SARS over the period investigated lacked merit. This means that taxpayers should not have had to pay or otherwise deal with the consequences of an additional assessment.

This session incorporates basic concepts and ideas to help you get started with the objection process and will help you understand your rights when dealing with SARS, give you valuable insight into what SARS is looking for and how to structure a “notice of objection” to give you the best chance of success for yourself and your clients.

Topics Discussed:

  • Compiling and submitting your ITR12 or ITR14
  • Compiling your information
  • Types of Communications that SARS can issue?
  • Audit
  • Review
  • Effective communication with SARS: how much time do you have?
  • Turnaround times as per the TAA
  • Engaging SARS –what does the (TAA) Tax Administration Act say?
  • Applicable sections in the TAA to help you compile your objection.
  • SARS delaying refunds to taxpayers, what can you do?
  • SARS issued a letter of demand/verification –what happens if you do nothing?
  • SARS issued an additional assessment – what do you do now?
  • Objections 101 – getting started – the basics you need to know.
  • High level view
  • Drafting the letter to SARS
  • Suspension of Debt
  • Building your case

All Included:

  • Downloadable course material
  • Certificate of training
  • SAIT Accredited - 3 verifiable CPD points