The primary responsibility of the tax practitioner with regard to the submission of the ITR14 is to ensure that complete and accurate information is submitted to SARS and that defendable positions are taken whenever Uncertain Tax Positions arise.
The tax compliance function is not simply an administrative function; the tax practitioner must exercise “reasonable care” when preparing the ITR14. Failure to do so may lead to an understatement penalty of 25% in a standard case – even where the taxpayer is in an assessed loss position.
This webinar will be case study based and learning will occur on a practical and interactive basis.
2020 Tax Relief Measures during Covid-19: Webinar 2 - Supporting Liquidity through grants and government aid - Free Webinar