SARS dispute: What are the reasons?
Generally, disputes with the South African Revenue Service (SARS) are the result of an assessment which has been issued by SARS to a taxpayer. An assessment is the determination of an amount of a tax liability or refund, by way of self-assessment by the taxpayer (such as in the case of VAT) or assessment by […]
RETROSPECTIVE TAX LEGISLATION: CAN TREASURY REWRITE YOUR TAX HISTORY?
Retrospective legislation involves Parliament passing Acts which affect the legal position or consequences of actions already completed by persons. In a criminal law context for example, retrospective legislative amendments would involve Parliament passing a law that actions already carried out by an individual may be illegal with historic effect, even though at the time that […]
TAX CLEARANCE CERTIFICATES
Taxpayers may require SARS to issue them with a tax clearance certificate for various reasons. This includes a general confirmation that the relevant taxpayer’s affairs are all in order and up to date (a so-called “Good Standing” tax clearance certificate), or a certificate being required to participate in certain government tenders. Perhaps most notably in […]