Although tax season has come to an end and most taxpayers will breathe a sigh of relief, many others are faced with a tax assessment they did not expect.
Truth be told, taxpayers should not be surprised if SARS has disallowed their tax exemptions, adjusted their tax deductions and/or raised additional taxes on assessment. More importantly, taxpayers should become familiar with the tax dispute process and comfortably contest an assessment they deem incorrect.
This note outlines 5 tips to consider before commencing with any dispute. Please bear in mind, however, that this note does not constitute professional advice and we always recommend that taxpayers with more complex or higher value disputes seek the advice of a reputable tax attorney.
