It is common knowledge that SARS would do everything they can to collect tax revenue – even if this includes an arrangement with the taxpayer himself. Therefor SARS has various options available to taxpayers who are unable to settle tax debts, in order to accommodate them in settling it under a debt arrangement.
ProBeta offers a dedicated session for this process of debt settlement arrangements.
This session will address matters including, but not limited to, the following:
• The options available to the taxpayer for debt arrangements with SARS, including
o Instalment payment agreements
o Temporary write-offs
o Permanent write-offs
o Compromising tax debt
• Circumstances where SARS will not approve / allow a debt arrangement
• Administrative procedures for application
Financial managers, Tax Practitioners, Bookkeepers, and Financial accountants