Tax Administration - Keeping the peace - prevention and remedying of tax penalties and interest

Price:
R367.08 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Corlia Faurie
Duration:
90 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


This lesson covers the following:
• Main interest and penalty provisions from legislation, and the circumstances in which they would be charged / levied:
o Administrative non-compliance penalties
o Reportable arrangement penalties
o Percentage based penalties (Understatement and tax evasion penalties)
o Understatement penalties for provisional taxes
• The process for remittance of interest and penalties
• Offences related to non-compliance and their consequences
• Voluntary disclosure programme relief from interest and penalties
• Considerations for tax practitioner compliance