![]() ![]() The first rule is being courteous with your SARS auditor. These delays and difficulties are placing financial strain on the small to medium enterprise fraternity, and with some of our clients we have seen this comes down to survival. This may be partly due to the perfect storm of a shrinking economy, financial strain, administrative delays and perceived deliberate delays in when SARS owes you money, compared to their super efficiency when you owe them. Many compliant taxpayers feel they are mistreated on their VAT refunds. The SARS auditor is obligated to correctly apply the law. It is understandable that, given the number of fraudsters and chance-takers in the market, hesitance on the part of SARS should be present, rather than simply handing out refunds to every VAT claimant without careful scrutiny. There are many theories – that is also why the Tax Ombudsman was granted permission to investigate VAT refunds and released its rather damning report. When you get audited by certain SARS officials before payment of your Value-Added Tax (VAT) refund, expect the long road and frustration, often when your business really needs the cash flow. It is one of those things you must personally experience otherwise you will never fully comprehend how frustrating things can become. Package Structuring Tool with Flexible Benefits.Netherlands is looking for young skilled South African professionals. ![]() Hassle-Free And Convenient Customs And Excise Duties.When SARS Unlawfully Help Themselves To Your Bank Balance.General Questions on Double Tax Agreements.General Questions on Financial Emigration.Tax Return – Frequently Asked Questions.Lexis Nexis Expatriate Tax Textbook 2nd Edition.2023 Budget Speech Update: What HR Professionals Need to Know.2023 Budget Speech And Your Tax Practice.
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