{"product_id":"tax-administration-essentials-understatement-penalties-webinar","title":"Tax Administration Essentials: Understatement Penalties Webinar","description":"\u003cp\u003eThis course gives a practical, beginner-to-intermediate overview of \u003cstrong data-redactor-tag=\"strong\"\u003eunderstatement penalties\u003c\/strong\u003e under South Africa’s \u003cstrong data-redactor-tag=\"strong\"\u003eTax Administration Act (TAA)\u003c\/strong\u003e. It explains what triggers an understatement penalty, how SARS determines the \u003cstrong data-redactor-tag=\"strong\"\u003e“behaviour” category\u003c\/strong\u003e and percentage, what a \u003cstrong data-redactor-tag=\"strong\"\u003ebona fide inadvertent error\u003c\/strong\u003e means in practice, and how penalties can be reduced through solid processes (e.g., reasonable care, proper disclosure, reliance on advice, and the Voluntary Disclosure Programme where appropriate).\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cu data-redactor-tag=\"u\"\u003e\u003cstrong data-redactor-tag=\"strong\"\u003eWho will benefit\u003c\/strong\u003e\u003cstrong data-redactor-tag=\"strong\"\u003e\u003c\/strong\u003e\u003c\/u\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eBusiness owners, finance managers, and tax administrators\u003c\/li\u003e\n\u003cli\u003eBookkeepers\/junior accountants who prepare numbers used in returns\u003c\/li\u003e\n\u003cli\u003eJunior tax practitioners wanting a practical grip on SARS penalty risk\u003c\/li\u003e\n\u003cli\u003eAnyone dealing with SARS verifications\/audits or fixing past errors\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cu data-redactor-tag=\"u\"\u003e\u003cstrong data-redactor-tag=\"strong\"\u003eTopics Discussed:\u003c\/strong\u003e\u003c\/u\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eUnderstatement Penalties — The “Why” and the Legal Home\u003c\/li\u003e\n\u003cli\u003eWhat Counts as an “Understatement”?\u003c\/li\u003e\n\u003cli\u003eThe “Bona Fide Inadvertent Error” Exception\u003c\/li\u003e\n\u003cli\u003eThe Understatement Penalty Table — Behaviour Drives the %\u003c\/li\u003e\n\u003cli\u003e“Substantial Understatement” and Key Threshold Thinking\u003c\/li\u003e\n\u003cli\u003eReasonable Care vs No Reasonable Grounds\u003c\/li\u003e\n\u003cli\u003eGross Negligence and Intentional Evasion\u003c\/li\u003e\n\u003cli\u003eRepeat Cases, Voluntary Disclosure, and Relief Mechanisms\u003c\/li\u003e\n\u003cli\u003eSARS Process and Burden of Proof in Penalty Imposition\u003c\/li\u003e\n\u003cli\u003eReducing Exposure — Practical Controls and “Penalty-Proofing” Your Returns\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Van Jaarsveld Consulting","offers":[{"title":"Default Title","offer_id":68379779039483,"sku":null,"price":100.0,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0801\/3804\/3643\/files\/VJCTaxAdministrationWebinarPoster.png?v=1792745530","url":"https:\/\/vjctraininghub.com\/products\/tax-administration-essentials-understatement-penalties-webinar","provider":"Van Jaarsveld Consulting","version":"1.0","type":"link"}