Q: We would like to
request a suspension of payment of tax, is there a specific form we can
complete and submit to SARS?
A: We are not aware
of any specific SARS form in which suspension of payment can be requested (we
assume in respect of a matter subject to objection and appeal). In this regard
a letter on the taxpayer or tax practitioner letterhead requesting the deferral
in terms of section 164(2) of the Tax Administration Act may be addressed to SARS and submitted either
to the address indicated in the assessment, or if no address is indicated, the
SARS branch where the taxpayer is registered for the applicable tax.
Disclaimer: Nothing in this query and answer should be construed as
constituting tax advice or a tax opinion. An expert should be consulted for
advice based on the facts and circumstances of each transaction/case. Even
though great care has been taken to ensure the accuracy of the answer, SAIT do
not accept any responsibility for consequences of decisions taken based on this
query and answer. It remains your own responsibility to consult the relevant
primary resources when taking a decision.
Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.
MINIMUM REQUIREMENTS TO REGISTER
The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.