Applying for Remission of VAT Penalties and/or Interest
Our accounting division, backed by a dedicated tax team, has specialist knowledge on VAT and extensive experience in negotiating with SARS. If SARS has levied penalties and/or interest against your VAT liability, our team can negotiate with SARS to waive penalties if you have a valid reason for not submitting returns or paying VAT. We also ensure that ongoing VAT submissions and annual financial statements to SARS are kept up to date to ensure compliance.