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REVENUE AUGMENTATION: LOW-HANGING FRUIT!

Revenue augmentation

In an apparent effort to win the war against non-compliance, it appears SARS has taken to augmenting taxpayer’s revenue. Whilst perhaps not a new thing, it certainly seems to be taking place on a larger scale than in the past. Stated differently, it seems more and more taxpayers are being asked to explain deposits in […]

TAX DISPUTES: HIGH COURT? TAX COURT? NO COURT?

TAX DISPUTES HIGH COURT TAX COURT NO COURT

Taxpayers are often aggrieved by SARS’ assessments and decisions. The Tax Administration Act, 2011 (“TAA”) provides a mechanism for taxpayers to raise these grievances through a process referred to as objection and appeal. The objection and appeal process is to a large extent, an internal process, meaning that SARS itself has to listen to these […]

THE LION MATCH CASE: SHOULD SARS’ CASE NOT HAVE GONE UP IN FLAMES?

match

In the Lion Match case[1] SARS argued for an increase in its own assessment. In other words, for the sake of simple explanation, SARS originally raised a capital gains tax liability of R10 and when the dispute reached litigation, SARS effectively argued that their own assessment is wrong and that the CGT bill should in […]

DOES “GROUNDS FOR ASSESSMENT” MEAN SARS MUST GIVE AMOUNTS?

balance

In a case heard by the High Court[1] recently, one of the issues considered was the meaning of the term “grounds for assessment” for the purposes of section 42(2)(b) of the Tax Administration Act, 28 of 2011 (“the TAA”). Background The background to this issue is briefly that SARS issued a notice to the taxpayer […]

PAY ATTENTION TO SARS’ TIME PERIOD BREACHES

PAY ATTENTION TO SARS’ TIME PERIOD BREACHES

The tax dispute process is strictly regulated by the Tax Administration Act (TAA) and a set of rules. The TAA and the rules set out what a taxpayer must do and what SARS must do if the taxpayer challenges SARS. In addition, the TAA and the rules prescribe time periods for almost every step in […]

LATE OBJECTIONS – CONDONATION EXPLAINED

LATE OBJECTIONS - CONDONATION EXPLAINED

Objections are often submitted late and, as tax dispute resolution experts, Unicus has probably heard all the reasons for objections being late. Unfortunately, getting condonation from SARS for a late objection has become increasingly difficult, probably, in part, because of the relatively new 80-day time period for objections. Another reason we see for SARS’ refusal […]

CAN YOU MESS UP A TAX DISPUTE?

CAN YOU MESS UP A TAX DISPUTE

Can you really mess up a tax dispute? At the end of the day, it’s just a document you need to submit to SARS and add a document or two. How hard can it really be? In fact, based on past experience, objections used to be smooth sailing (apart from time delays). One might therefore […]

CAN UNDERSTATEMENT PENALTIES BE GOOD FOR TAXPAYERS?

CAN UNDERSTATEMENT PENALTIES BE GOOD FOR TAXPAYERS

Most auditors and accountants know that SARS can open up assessments after they have prescribed, under certain circumstances – fraud, misrepresentation or non-disclosure of material fact. It is our experience, as tax dispute resolution experts, that when it comes to misrepresentation, SARS seem to believe a taxpayer misrepresented something when they can make an audit […]

ARE YOU COPING WITH ALL THE SARS AUDITS?

ARE YOU COPING WITH ALL THE SARS AUDITS

Many accounting/auditing firms seem to have noticed the increase by SARS in audits and additional assessments, especially following the repeal by SARS of the IT14SD. But what is more, is that the quality of SARS’ audits and the quality of their additional assessments seems to be improving. Given the increase in the quality of their […]