Piet says: 17 February 2016 at 14:14 What penalties will I incur if I do not pay my donations tax within the three month deadline? Is there a way around incurring any penalties if I was not aware of this deadline? |
TaxTim says: 17 February 2016 at 14:33 You would need to speak to SARS and ask them to reverse the penalties if they imposed them and provide details - assuming they do impose the penalty. |
Piet says: 17 February 2016 at 14:55 Thanks for your answer. Just one thing : if the penalties are imposed how are they calculated? |
TaxTim says: 17 February 2016 at 15:03 Have they imposed any penalties yet? |
Piet says: 18 February 2016 at 12:19 Not yet - it is merely an enquiry as this is the first tax year that I need to do this on behalf of my mom and we are going to be late with the payment! |
TaxTim says: 18 February 2016 at 13:56 It has not been SARS practice from what we can tell to penalise and if they do you can request to have this reversed if the reasons are valid. |