Price:
R325.45 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Jeanmari van der Schyff
Duration:
90 Minutes
Additionals:
R325.45 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Jeanmari van der Schyff
Duration:
90 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
No taxpayer should or would ever want to be on the wrong side of the tax law.
Unfortunately, taxpayers often find themselves in a potential or actual position of non-compliance, and SARS levies penalties and interest for such non-compliance.
This course aims to clarify which penalties and interest may be levied for what kind of non-compliance and how to have such remitted.
- Main interest and penalty provisions from legislation, and the circumstances in which they would be charged/levied:
- Administrative non-compliance penalties
- Reportable arrangement penalties
- Percentage-based penalties (Understatement and tax evasion penalties)
- 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