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.
Course Expiration: Upon purchase of the course, you have access for 180 days. Please ensure you complete the course within this timeframe, as you will be denied access after this period.
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.