PENALTY REMITTANCE
Many businesses struggle with cash flow due to a number of various challenges, and this may lead to unintentional late payment of taxes, resulting in the imposition of penalties and interest. TRM can assist taxpayers in getting these penalties remitted via the tax debt relief mechanisms available to a taxpayer. Whilst these requests are generally substantive in nature, it is extremely important to address any procedural irregularity, which will often lead to a favourable outcome. So, let us assist with the penalty remittance request to prevent SARS from taking any collections steps and, more importantly, to try and get any penalties remitted.