TAX DISPUTES: SUSPENSION OF PAYMENT
With the 2020 tax filing season in full swing, many taxpayers are likely to engage in dispute proceedings as their income tax assessments are issued by SARS. This will particularly be the case where errors are contained on the so-called “auto-assessments” (which in itself is a misnomer). But what happens to the disputed tax amount until the process is finalised? Pay now, argue later The basic […]
DISPUTE SEASON – KNOW TO WHAT YOU ARE OBJECTING
With the 2020 tax filing season in full swing, many taxpayers will likely engage in dispute proceedings as SARS issues their income tax assessments. This will particularly be the case where errors are contained on the so-called “auto-assessments” (which in itself is a misnomer). But how should the dispute process begin? When an assessment is issued by SARS, they (usually) provide […]
HOW TO GET OVER THE TAX HEADACHE THIS YEAR
The tax season is swiftly approaching. For many people, it’s a time of the year that they dread. When it comes down to it, tax can become complicated mess that involves a lot of maths and calculations that just doesn’t come naturally to most. For those of us who don’t have PhDs in accounting or […]
Tax Season 2016 has begun
Tax Season runs from 1st July to 25th November every year. With the 2016 Tax Season now underway, it is important that you gather together all the required supporting documentation as soon as possible so that your tax return can be submitted on time. Please make a note of the following important submission deadline dates […]