5 Things You Can Do If You Owe SARS Money!

Do you have outstanding debt with SARS? Ever wondered what you could do? WATCH THIS!!!!!
If you need assistance with your SARS debt then make sure to get in touch with one of our friendly accountants who can assist you with outstanding SARS debts, check out our website here - www.saaccountingnetwork.co.za
In todays video I am discussing 5 different things you can do if you owe SARS money on any outstanding taxes.
Here are the five things
0:00 Intro
1:03 Pay SARS before the due date
2:05 Apply for a suspension of payment if you are busy with a dispute or objection
3:45 Apply for a payment arrangement
4:57 Apply for a SARS debt compromise
6:10 Apply for liquidation
8:11 What will happen if I dont pay SARS?
Here is the link the the website of Tax Consulting SA if you need assistance with SARS debt compromises - www.taxconsulting.co.za

Пікірлер: 12

  • @jacquesnaude4275
    @jacquesnaude4275Ай бұрын

    i did have a paymentplan in place now sars went ahead taking 50% of my basic

  • @SAAccountingNetwork

    @SAAccountingNetwork

    27 күн бұрын

    Oh dear, they do crazy things these days

  • @JonathanLiebenberg2509
    @JonathanLiebenberg25097 ай бұрын

    Thanks for your help. In 2010 I was retrenched, and Sars taxed my payout, but the same year I received a R20 000 tax debt. I went to them and filled in 2 remissions, but no feedback. Now this year, Sars officials told me they want a medical tax certificate from 2009/2010, which I don't have, and also my medical aid (transmed) not because they kept records only for 5 years. What can I do now, please?

  • @zanelwilliams6096
    @zanelwilliams60969 ай бұрын

    My father had an company about 10 years back the company no longer exist as well as the bank account is closed 10 years back .. now they request bank statements, why? And what can happen? He is almost 60 now with no work

  • @mosima8686
    @mosima8686 Жыл бұрын

    Great content as always Heinrich, thank you. Just wanted to ask is it possible to classify your income as passive income if you're paying yourself from your own business as a director to avoid being taxed ? Thank you

  • @SAAccountingNetwork

    @SAAccountingNetwork

    Жыл бұрын

    kzread.info/dash/bejne/fWlnsNKag8TdaMo.html

  • @sinoxolodingaan
    @sinoxolodingaan Жыл бұрын

    How do I do a dispute if sars did not include medical aid on the return

  • @SAAccountingNetwork

    @SAAccountingNetwork

    Жыл бұрын

    Request a correction 👍

  • @mmamatshalekololwane8930
    @mmamatshalekololwane8930 Жыл бұрын

    Unemployed for 18 months and SARS say I owe them because my previous employer undertaxed me. How do I reduce amount owned?

  • @SAAccountingNetwork

    @SAAccountingNetwork

    9 ай бұрын

    kzread.info/dash/bejne/ZHWGyJOOYrmwY9I.html

  • @nomusandlovu7490
    @nomusandlovu7490 Жыл бұрын

    How do i edit my details on the app? It says one of my salaries i earn is from a University of Fort Hare. 😮 Never been associated with that university in my life 🙆‍♀️

  • @SAAccountingNetwork

    @SAAccountingNetwork

    Жыл бұрын

    You might need to contact sars directly