Tax administration - Prevention and remedying of tax penalties and interest (2026)

Price:
R598.00 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Jeanmari van der Schyff
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Our goal for this session is to ensure that all your questions that came up during the 2024 IT3(t) submissions for trusts are answered. We understand the uncertainties that arose and are committed to addressing them.

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