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