Tax2601 - Assessment 03 - 2023 - Review

income tax {Ans: capital gains tax turnover tax dividends tax}purposive approach {Ans: when interpreting wording in the Income Tax Act, take note of the real intention of the legislator by reading the explanatory memorandum to discover the purpose behind the words}SARS official {Ans: means the commissioner, an employee of SARS or a person contracted by SARS other than an external legal representative, for the purposes of the administration of a tax act and who carries out the provisions of a tax act under the control, direction or supervision of the commisioner}other types of tax {Ans: value added tax estate duty excise duty customs duty transfer duty air passenger tax unemployment insurance fund skills development levy}calculating interim payments {Ans: (for micro businesses) estimated taxable turnover x applicable tax bracket =tax payable for the year/2 estimated taxable turnover x applicable tax bracket =tax payable for the year - 1st payment =2nd payment}service delivery issues {Ans: taxpayers who have a service delivery dispute with SARS may contact the SARS complaint management office or lodge a complaint with the public protector or tax ombud as envisioned under the tax administation act}legal remedies {Ans: when a taxpayer disagrees