Three steps to lodge an objection against a SARS assessment
Do you disagree with an assessment from SARS?
If so, then don't feel powerless or confused because you can contest a decision made by SARS.
If you disagree, you may send a written request asking for the reasons of their assessment decision. But make sure that it's done within 30 days of the assessment.
In terms of lodging an objection, follow these three steps:
Read through and make sure you understand the reasons for the assessment and ensure that you're objecting on appropriate grounds.
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?
Gather all appropriate documents that you believe will assist your case against SARS.
Complete your objection on the Notice of Objection form (NOO1). You can access it via the eFiling system available to all taxpayers.
Deliver it to SARS at the address that is present on the assessment. Remember that this must be done within 30 days of the assessment.
Alternatively, you can lodge your objection through the eFiling system.
It is very important to remember to clearly state the reasons for your objection!
*So, those were three straightforward steps to follow in lodging an objection to SARS.
To learn more, subscribe to the Practical Tax Loose Leaf Service
Every South African tax law explained by our experts
The Practical Tax Loose Leaf Service offers you:
· All the definitions and legal regulations, useful advice, exceptions to the rules that help you slip through the legislative jungle of taxes.
· Case studies and practical examples that show you what elements you should consider for your taxes to be perfect.
· Red flags you need to watch out for and the penalties you'll face if you don't respect them.
· Sample templates at your disposal, ready to be filled in, customised and printed.
Click here for more details
Note: 5 of 1 vote