Ask many an accountant, be it a tax practitioner or a member in business, and they will tell you that tax administration and tax operational issues feature highly on the list of issues keeping them awake at night, more so than the tax technical issues these days.
Some concerns hinge around whether the Tax Administration Act 2011 (TAA), effective since 1 October 2012, has actually created further prejudice rather than fairness to the taxpayer. Issues regarding fairness are dealt with by way of proposing legislative amendments where the view is that certain provisions lean more on the side of prejudice to the taxpayer rather than fairness to all parties.
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