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Compromise Offers

Compromise Offers

Compromise Offers

If you or your business are unable to settle the full outstanding tax debt or are unable to make acceptable monthly payments to SARS (deferred payment arrangement), an offer of compromise can be made. SARS will scrutinise your financial position in fine detail. Thereafter, they may consider accepting a lessor amount than what is owed by applying their discretion when deciding whether or not to accept the offer.

Let’s take a look at this scenario:

If you owe SARS R100 000, cannot settle the full tax debt or afford monthly payments and have no other means of settling this debt BUT you are able to raise 60% of the amount owed; SARS may consider accepting this offer and the balance of R40 000 will then be written off permanently. 

Tax Clearance Certificates
Tax Clearance Certificates

Tax Debt Solutions attends to all of your tax debt issues to ensure that your TCC is issued promptly – allowing you to continue trading with peace of mind.

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Deferred Payment Arrangements
Deferred Payment Arrangements

Finding yourself in a situation where you’re unable to pay your VAT, Income Tax, PAYE/UIF/SDL or Dividends Tax debt can be due to a number of reasons.

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Call us now to book a tax debt consultation (the first consultation will be free).

Eddie Sellner

Eddie Sellner Director at Tax Debt Solutions+27 (0)41 368 1570admin@taxdebtsolutions.co.za Facebook Twitter LinkedIn Skype GooglePlus
Office Hours:

Monday - Friday: 08:00 - 16:30

Physical Address

52 De Gaulle Cres.
Lorraine
Port Elizabeth 6070