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In October last year SARS announced the introduction of new administrative penalties beginning with monthly penalties for taxpayers who had outstanding returns for multiple years. On the Penalty Assessment Notice, the taxpayer was informed to both remedy the non-compliance by submitting the outstanding return and to pay the outstanding amount. Where the returns remains outstanding, the penalty recurs for each month as long as it stays outstanding If a taxpayer is not in agreement with the penalty amount a Request for Remission is to be submitted.
Where taxpayers have failed to response to these assessments, SARS is now appointing a third party, who could be anyone who is in control of the taxpayer’s money, including salaries and wages, as an agent through the issuing of a Form ITA88 Notice of Agent Appointment. Upon receipt of the ITA88, the employer is obliged to deduct the stipulated amount from the salary or wages of the employee and pay it over to SARS.
Possible agents who can be appointed for individual taxpayers include :
Employers
Any debtor who owes the taxpayer money
Financial institutions, such as banks
Attorney
Medical aid schemes
Investment managers
Insurance companies
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