Deferral of Tax Payments

Due to increased SARS collection actions against taxpayers for taxes owed to SARS, the new Tax Administration Act provides more guidance and assurance for taxpayers by making it easier for them to apply for instalment payment agreements with SARS in certain circumstances.

If payment terms are not complied with, or where the taxpayer’s financial situation changes or certain facts were incorrect that were critical to the agreement, SARS will terminate the agreement to ensure immediate collection of debts owed to SARS.

The deferral of tax debts is also recommended where a taxpayer requires a valid tax clearance for a tender or other purposes.

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