Additional and Estimated Assessments

The new Tax Administration Act (TAA) gives SARS the power to raise additional or estimated assessments should SARS believe that errors were made or where the taxpayer neglected to submit returns. In some cases SARS may raise these assessments when taxpayers fail to act on their requests for additional information or reviews.

In most instances, this would be due to the relevant notices not reaching the taxpayer’s attention or the requests not being fully understood. This then leads to certain actions – requests for corrections, objections having to be lodged within strict SARS timeframes to have the matter corrected and possibly a request for postponement of SARS’ collection actions.

We urge all clients to monitor their e-filing profiles and email correspondences for any such SARS requests or reviews and to contact our offices about the options available to you should any queries arise.

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