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Module 4 – VDP and Advance Tax Rulings

Current Status
Not Enrolled
Price
R 575.00 VAT Incl.
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Overview

This module comprises of two topics. Topic one covers the voluntary disclosure program, how and when taxpayers can apply. Topic two covers the rules associated with applying to SARS for advance tax rulings, a tool which is extremely powerful in getting certainty on the tax treatment of proposed transactions.  

What will you get access to

HD Video Recording and High-Quality Sound

Downloadable Discussion Content aka Slides

Applicable Caselaw Documents, Guides, and Notices available for download

What this Module consists of:

Topic 1 – VDP

Overview

This topic covers the Voluntary disclosure program, in particular when taxpayers may apply for VDP relief, what the VDP relief and how to apply for VDP relief.

Outcome

After completing this topic, you will know:

  • What the VDP is;
  • What the penalty and other relief is that is offered under the VDP;
  • What the requirements are for VDP relief; and
  • How to apply for VDP relief.

Session Duration

1h 7min
Topic 2 – Advance Tax Rulings

Overview

This topic covers the Advance Tax Rulings (ATR), including VAT rulings (but excluding so-called section 72 rulings).

Outcome

After completing this topic, you will know:

  • What the purpose is of ATR’s
  • When a taxpayer may apply for an ATR
  • What is a non-binding private opinion and when to apply for same;
  • How to apply for an ATR and VAT ruling.

Session Duration

45min

Important note

All topics in this module including the overview must be marked as completed before you will be able to access the quiz. You need to score at least 80% on the quiz to be awarded a certificate of completion. The certificate of completion should entitle you to 4 hours verifiable output CPD.