It has come to our attention that SARS (Compliance Operations – Excise) is raising assessments (interest and penalties) on the late submission of declarations and payment of carbon tax in 2020, despite assurances from SARS that this would not happen if the application for registration was submitted by 30 September 2020.
We have again engaged SARS Head Office and can advise as follows:
- Assessments are system-generated
- It is likely the additional assessment will be waived where applications for registration were submitted before 30 September 2020 and this can be proved
- A detailed response, including dates of interactions with SARS regarding registration applications and system challenges, needs to be submitted.
- Our recommendation is therefore to request an extension of time to respond to the Notice of Intent and then to submit a detailed response to motivate for waiver
Should you receive a such a notice, feel free to contact us for assistance.
The Cova Advisory Team
info@cova-advisory.co.za
072 853 6918
Cova Advisory & Associates