Being on the wrong side of the tax law is somewhere no taxpayer should or ever wants to be. Unfortunately, it often happens that taxpayers find themselves in a potential or actual position of non-compliance, where SARS levies penalties and interest for such.
ProBeta offers a dedicated session dealing with these penalties and interest, as well as the process to have them waived or remitted.
This session will address matters including, but not limited to, the following:
• Various penalties and interest applicable to different tax types and the circumstances under which they would be levied
• Procedures for imposing a penalty or interest, alongside the procedure to remit or waive such
• Specific instances of non-compliance relating to criminal offences
Financial managers, Tax Practitioners, Bookkeepers, and Financial accountants