Tag: Tax Administration Act 28 of 2011 (TAA)
SARS declares war on non-compliance
SARS Commissioner, Edward Kieswetter, has used the South African Institute of Tax Professionals’ Tax Indaba as a platform to fire a shot across the bow, letting taxpayers know that non-compliance will be met with the full force of the National Prosecuting Authority (NPA).
Doing nothing is sheer folly!
A taxpayer who disputes a tax assessment has processes available in the Tax Administration Act, 2011 (Act) to contest the assessment. It is sheer folly for a taxpayer who contests an assessment not to avail himself of the mechanisms in the Act timeously.
TAX JUDGEMENT | Revocation of tax compliance status
A recent judgment handed down in the Pretoria High Court last month highlights SARS’s intransigence when applying certain aspects of the Tax Administration Act, 28 of 2011 (the TAA).
Criminal sanction for tax return non-submission!
The South African Revenue Service (SARS) has created some nervousness in the South African tax base by embarking on an initiative to criminally prosecute taxpayers who fail to submit their tax returns. Whilst the threat of a criminal record and a fine ought to serve as sufficient incentive to submit one’s return, it is perhaps worth pointing out that submission of returns also gives taxpayers access to the Voluntary disclosure Programme (VDP), which affords acquittal from far more serious criminal sanctions.
Tax – understanding understatement penalty behaviours?
On 1 October 2012 the understatement penalty regime was introduced to replace the additional tax regime. An understatement penalty is determined by applying the highest applicable percentage in the understatement penalty table.
Tax non-compliance status inaccuracies!
SARS replaced the Tax Clearance Certificate (TCC) system with the enhanced Tax Compliance Status (TCS) system on eFiling in April 2016. The new TCS system is aimed at improving tax compliance as taxpayers can better manage their TCS and remedy any non-compliance through the 'My Compliance Profile' (MCP) function on eFiling.
SARS | Notification of commencement of audit
The obligation of SARS to collect tax and taxpayers' rights are often at odds with each other. To address this issue, the Budget 2018 proposes to reconcile taxpayers' constitutional rights with SARS' constitutional obligations by including a provision in the Tax Administration Act stipulating that SARS must inform the taxpayer at commencement of the audit when the information will be audited.
