New Penalties to be imposed by SARS
- Apr
- 01
- 2009
Monthly fixed penalties are levied from R250.00 to R16 000.00 depending on the taxable income of the taxpayer in the preceding tax year. The list of non-compliance transgressions is extensive and includes:
- Failure to register as a taxpayer
- Not informing SARS of a change of address or other details as required by the Act
- Failure by a company to appoint a public officer and keeping the position filled, appoint a place for service/delivery of notices and other documentation, notifying SARS of change of public officer
- Failure to submit a return or related documents as and when required by the Act
- Failure to furnish, produce and make available information, documents or items required by the Act
- Failure to reply to or answer a questions put to a person as required by the Act
- Failure to attend/give evidence as required by the Act
- Failure by an employer to notify SARS of change of address or the fact of having ceased to be an employer as and when required under the Act.
- Failure by an employer to submit a monthly declaration of employees’ tax as and when required by the Act
- Failure by an employer to provide details of an employee
- Failure by an employer to deliver an employee’s tax certificate to one or more employees (including former employees)
- Delivery of an employer of an employee’s certificate in contravention of the requirement that the employer must first render an employee’s tax return as and when required by the Act
- Failure by a provisional taxpayer, who is liable for the payment of normal tax in respect of an amount of taxable income derived by the provisional taxpayer during a year of assessment, to submit an estimate of taxable income as and when required by the Act.
- Any other non-compliance with an obligation imposed by the Act
Should you require any further information, please do not hesitate to contact us.
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