5 items you MUST include in your SARS objection
Did SARS give you an assessment which you completely disagree with?
For example, they could have made a mistake on your assessment, overlooked the deductions you're allowed etc.
Whatever your reasons are, if you're unhappy with a SARS assessment, then don't feel powerless or confused because you can contest a decision made by SARS.
According to section 104 of the Tax Administration Act, you can lodge an objection against a SARS assessment.
Having said that, if you lodge an objection, there are certain items which your objection MUST contain.
Here are 5 vital items to include in your objection to SARS...
You MUST use the prescribed form.
For VAT, STC or PAYE assessments, you must use the ADR 1 form.
For income tax, you must use the NOO form.
It must be in writing and it must specify the LEGAL grounds of your objection.
Have you received a nasty assessment from SARS?
Request the specific information it wanted from you for the audit;
Keep you informed of the progress of the audit; and
Notify you within 21 business days of its findings before it raised the assessment?
Your objection must CLEARLY state which figure you're disputing, and what you believe the figure should, in fact, be.
If your objection is more than 30 days late, you must state the 'exceptional' circumstances which led to your objection being filed late.
You must sign the objection.
If you're unable to sign the objection or appeal, and another person will be signing on your behalf, then the following must be stated on the dispute form:
· The reason why you can't sign the objection or appeal;
· That the person signing on your behalf has the necessary power of attorney to do so; and
· That you're aware of the dispute and agree with its grounds.
*Those were 5 items which you must include in your objection to SARS.
To learn much more useful tips on objections to SARS, page over to chapter O02: Objections
in your Practical Tax Loose Leaf Service.
If you don't already have it, then click here
to get your hands on it.
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