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