Issues with SARS, what is the worst that can happen here?

[bythecantloads]

With my 2023 tax assessment year, I got audited for the 2022 year, which was already paid to me, over and done, so I didn't understand why they were doing this.

Oh well, I sent them all the documents requested in July 2023. They only allocated and finalised the assessment at the end of Feb 2024.

So don't bank on them being quick with the assessment.

 

[Sportsman]

They just sent me an email saying "finalized without changes". I assume this is the end of it, phew.

 

[Smurf]

They just sent me an email saying "finalized without changes". I assume this is the end of it, phew.

Pull a statement of account just to make sure you do not owe them

 

[Smurf]

They just sent me an email saying "finalized without changes". I assume this is the end of it, phew.

Also where is my money 😂😂

*disclaimer share the love*

 

[Sportsman]

Pull a statement of account just to make sure you do not owe them

Yes, they will give me a refund. Phew, this issue caused me so much of stress. I was overcome with anxiety for a few days and just stayed indoors, lol.

 

[Scrooloose]

Relax, have a beer and try not to worry too much. SARS are, for the most part, actually quite good and fair. Just follow the rules, do the things and if all of your ducks are in a row everything will be alright.

C-D-E are the chords in case that song is now stuck in your head and you want to play it.

 

[AinsleyHarriott]

halo sars here

This is urgant mezage, do NOT ignor!

U owe us lot s of moni. pm soon for bank ditails befro going the jail.

 

[TheJudge]

Sars is not always right

Available remedies when objections are incorrectly invalidated.

www.moneyweb.co.za

 

[D3TTOL]

SARS is fckn poes useless.

I got a message saying I owe them R1.8M, Challenged it asking them what they hell they smoking.
2 weeks later get a message they owe me R4.7M, Cool. Can't wait.(I knew this was an error)
2 weeks later I get a message saying I owe them nothing and they owe me nothing.

I knew they were bad but damn, they also threatened "legal" action when they sent the first message asking for R1.8M because it was overdue for something like 11 years or some shit like that.

Last year they asked me to file returns for years I was in primary school -_-

I dunno what kind of dooses they have working there but they are definitely the dumbest of the dumb.

 

[TRINITRON]

Well, my rate is R 400 (per hour) - why do you think it will require 3 hours?

Because you will be on smacktalk for most of that

 

[Jack Rabbit Group]

Any update? @Sportsman

 

[Switch]

Pull a statement of account just to make sure you do not owe them

Isn't always accurate, I know a client that recently got a notice from sars about amounts owing, the client has annual statements showing owing zero but then sars pulls out some other convoluted "internal statement" showing a few thousand outstanding from way back in 2010, with penalties and interests added on from non-payment.

 

[Smurf]

Isn't always accurate, I know a client that recently got a notice from sars about amounts owing, the client has annual statements showing owing zero but then sars pulls out some other convoluted "internal statement" showing a few thousand outstanding from way back in 2010, with penalties and interests added on from non-payment.

Correct bud for easy reference he can go there, the alternative option which will give a accurate amount is to go to the user profile (tax status) and see what is owing and outstanding for the given years

 

[Sportsman]

Any update? @Sportsman

Sorry, haven't been here in a while.

The issue has been sorted luckily.

 

[Rameez_M7]

I worked abroad for the majority of the 2023 financial year and returned to SA in January. I did not file tax returns for 2023 (I know this is my fault). SARS sent me a fine and told me to file tax returns about 2 weeks ago. I did that and signed up for Tax Tim. While on Tax Tim, I made a mistake and declared my salary from abroad as taxable and I also over-estimated conversion and the amount of money I actually earned when abroad.

The amount I earned was well below R1.2 million and should therefore be exempt from tax in SA as it was already taxed abroad.

SARS subsequently sent me a bill with an enormous amount that I owed them (I could have bought a used car with that money). I then consulted an accountant and the latest statement is that SARS owe me money. They unsurprisingly flagged me for a document verification because the values changed drastically after the tax return was changed by the accountant. I have since sent them my passport (with entry and exit stamps) and my work visa and a document proving that I was taxed abroad. They requested documentation that I was abroad and taxed abroad.

I sent the documents on Thursday and it has now been two days and they have not got back to me. This issue is causing me a lot of anxiety. I will definitely not attempt to file myself and will consult a consultant for the next return as I worked abroad as well in the 2024 tax year.

What is the worst that SARS can do here? Will they revert to trying to charge me an enormous amount or just hold back the money that they owe me? Honestly the first possibility scares me the most.

I am an accountant who's been in the field for almost 3 years now and can tell you with confidence that SARS will not just pull money out of your account if there is an Audit going on, which in your case, there is. (The request for Docs is when the Audit started)

As long as the accountant you're using uploads the correct documentation + a little extra, SARS will revoke the tax that you are owing them

If they go through the docs but aren't satisfied with what you've uploaded, they will, in most cases, issue a correspondence requesting more documentation from you (They will specify what docs they looking for)

The worst thing that can happen now is they reject all of your documents and give you 10 days to pay the tax

In that case, you PM me and I will get you out of that mess. Cheers

 

[beanpopper]

1) Get yourself a tax accountant you can trust. When SARS see you have a registered practitioner filing your returns, they don't hassle you much... and your returns are filed on time
2) It takes YEARS for them to really get on your case... and even after the nasty demand letter comes, just settle it and all is kumbaja...
3)Get a tax account! You make money doing what you are good at, acknowledge that paying taxes and filing returns is not your thing...