Results 1 to 5 of 5

Thread: tax ammnesty

  1. #1
    Suspended
    Join Date
    Oct 2007
    Posts
    2,346
    Thanks
    0
    Thanked 254 Times in 209 Posts

    tax ammnesty

    i called the sars a week ago to find out if my ammnesty on outstanding interest had been finalised yet...to my delight they said it was all sorted out i was not longer required to pay the R22000.00 and only had to pay the principle debt...boy was i happy...so today i managed to get the balance together and went to the sars office to settle the debt...ha ha ha what a joke they had made a mistake my amnesty had only been sent to JHB for approval yesterday...and would probably not be sorted out for a least another year...but in the mean time the interest is just climbing by the day.

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,976
    Thanks
    3,055
    Thanked 2,462 Times in 2,067 Posts
    Blog Entries
    12
    Tough call, because if you make any payments against assessed tax in the meantime it might be applied against the interest first. And I wouldn't be surprised if it's a fairly large crowd that's in this position too.

    I'm not sure what can be done about it, other than make sure your current stuff is paid up to date in the meantime. At least provisional payments are applied against a specific period as opposed to a general "brought forward" balance.
    The trouble with opportunity is it normally comes dressed up as work.

  3. #3
    Suspended
    Join Date
    Oct 2007
    Posts
    2,346
    Thanks
    0
    Thanked 254 Times in 209 Posts
    it is assessted tax from 1991- 1998 they dont have any records i must just pay because it is assessed tax...all my current returns and taxes are up to date.

  4. #4
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    20,976
    Thanks
    3,055
    Thanked 2,462 Times in 2,067 Posts
    Blog Entries
    12
    If it's any consolation - R22k was worth a lot more in those days.

    Interesting that they don't have any records.
    The trouble with opportunity is it normally comes dressed up as work.

  5. #5
    Suspended
    Join Date
    Oct 2007
    Posts
    2,346
    Thanks
    0
    Thanked 254 Times in 209 Posts
    they only have records from 2000...

Similar Threads

  1. Replies: 1
    Last Post: 22-Feb-08, 04:38 PM
  2. Replies: 8
    Last Post: 13-Sep-07, 12:10 AM
  3. Tax Amnesty for Small Business
    By I Robot in forum News Archive
    Replies: 13
    Last Post: 07-Jun-07, 08:18 AM
  4. Flat tax rates for SA.
    By Dave A in forum General Business Forum
    Replies: 3
    Last Post: 13-Apr-07, 10:25 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •