The Tax Diagnostic process entails a non-invasive review of a taxpayers eFiling profile, through investigating the records held by SARS. This information is then compared with the taxpayer’s unique circumstance to determine if there are any discrepancies between the SARS records and current circumstance.
There is a clear effort by National Treasury to each year share more detailed information with the market, to support the budget decisions. This should be applauded on the one hand, as at least South Africa has a degree of fiscal transparency.
In a move set to redefine the landscape of tax dispute resolution in South Africa, National Treasury has unveiled a groundbreaking proposal during the 2024 Budget Speech. The proposal aims to introduce alternative dispute resolution (“ADR”) proceedings at the objection phase of tax disputes. This strategic shift is a promising step in the right direction […]