Available Course

(Afrikaans) Consequences of Tax non-compliance – penalties and interest

>> Click here to book this training as an In-House course <<

Duration: 1.50
CPD Hours: Attendance at this seminar will secure 1.5 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Corlia Faurie
T:  0118861395
E:  gillian@probetatraining.co.za
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Being on the wrong side of the tax law is a place no taxpayer should or would ever want 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: • Main interest and penalty provisions from legislation, and the circumstances in which they would be charged / levied: o Administrative non-compliance penalties o Reportable arrangement penalties o Percentage based penalties (Understatement and tax evasion penalties) o 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

Taxpayers, tax practitioners, business owners, advisors and other professionals might benefit from this course.