In the second half of 2016, the taxpayer expressed reservations about the lack of payment of the VAT due and therefore looked at SARS representatives in early 2017 to form an opinion on his responsibility. In this commitment, the taxpayer presented only a broad overview of the facts available. Disclaimer: We will endeavor to best assist you in submitting your application to the South African Revenue Service (“SARS”). Our service includes, but is not limited to collecting all information and preparing as required, but the request for additional information and verifications is left to the discretion of SARS. All information you have provided is believed to be accurate and accurate and Creative CFO is not responsible or liable for any omissions or misrepresentations on your part or delays in the SARS processing period. • I represent a company whose tax returns are in progress and which must provide one of the following returns: – employee tax (i.e. under-reporting/undisclosed PAYE, SDL); UIF); – VAT; and/or – undeclared/under-reported income. • The privilege of a lawyer is valid. The VDP route allows tax matters to be regularized without paying massive penalties, but this is only available before SARS knocks on your door. It is essential that the VDP trial remains the only way to avoid criminal prosecution for the secrecy of income or tax debt.
The VDP aims to encourage taxpayers to self-report on a voluntary basis in order to resolve their tax issues with SARS and avoid the imposition of under-reporting and other administrative penalties. It aims to encourage taxpayers to self-report on a voluntary basis in order to resolve their tax issues with SARS and thus avoid the imposition of under-reporting penalties,” and the “VDP pursues its objective of promoting ethical and moral behavior by inducing misguided taxpayers to remedy any shortcomings of them, informing sarS of failure, and ignoring SARS.” The Tribunal accepted SARS` assertion that Section 226(1) applies to each taxable person, while Section 226(2) applies only to taxable persons who have received a notification of an examination or investigation, but that the requirements of Section 227 must be met in both cases. . . .