South Africa's leading company in Tax Debt Management Services
An Objection or Dispute is when you are not in agreement with any decision taken regarding your tax affairs.The legislation provides clear guidelines and promulgates that any Taxpayer who is aggrieved by any decision taken by SARS can lodge an Objection relating to that specific area of concern.
This is where we come into the picture; giving you a complete peace of mind by preparing and submitting an Objection for you on the prescribed form and in the prescribed manner.Lemac & Associates will unpack your grievance; advance all the grounds of objection and close any gab that might be used to escape compliance obligation in relation to your dispute
Tax Debt Settlement is when an agreement is reached between you (Taxpayer) and SARS to Waive and Remit all Penalties, Interests and Understatement Penalties / Additional Taxes.
Circumstances that have led to the non-compliance play pivotal role in how a request or application for Waiver or Remittance is applied and considered by the commissioner.
Lemac & Associates really understands and have the knowledge of technicalities and challenges all kinds of businesses encounter; thus, it makes it easier for us to approach your Request for Settlement with the National Revenue Fund with confidence, giving you positive results at all times.
Tax Debt Compromise is a process were the commissioner, on your request, compromises the amount of tax you owe to the National Revenue Fund (SARS).
It is a legal process. It does not depend of any favours from any official; it also does not depend on any emotional expressions. It is a provision of the Tax Administration Bill!
If you are indebted to the National Revenue Fund and you are not able to comply with your payment obligation due to any circumstances, Lemac & Associates will assist you by applying for a Tax Debt Compromise in the prescribed manner and as promulgated in the Tax Administration Bill and the Companies Act.
In terms of the "pay now, argue later rule" you have to pay the assessed taxes even if you dispute the debt. An objection does not suspend payment of the debt. According to the rule, you have to pay the assessed debt, and should your dispute (objection) be resolved in your favour, you will be refunded.
That's were we come into the picture; applying to the Commissioner to put the payment and collection of the outstanding taxes on hold pending finalization of the dispute.