About Objections Introduction A taxpayer who disputes an income tax assessment, estimated assessment or reassessment can file an objection with the revenue department. Opening objection cases When a taxpayer files an objection, an objection case is opened. An objection case must be opened for each assessment that is disputed. To begin the objection process, an objection appeal document must be submitted by the taxpayer and registered in SIGTAS. Once it is registered, an objection case can be opened. Objection case status The objection case is reviewed by the revenue department and the status of the objection can be registered and tracked in SIGTAS. Once a decision has been arrived at, you can specify if a reassessment is to be created and close the objection case. Objection reports The objections section in SIGTAS lets you create detailed reports that show information about one or more objection cases, the difference between assessment and reassessment amounts, the losses or gains to the revenue department and statistics about objection cases.

          Download All The Documents

About Cashing Introduction When taxpayers make payments on their tax accounts, the information about the payment must be captured in SIGTAS. The Cashing section of SIGTAS allows you to capture this payment information. The payment can be distributed automatically or manually among outstanding arrears between tax, interest and penalties, as well as tax types and tax periods. When a payment has been captured, a receipt can be printed and sent to the taxpayer. If necessary, payments can also be reversed. Payment vouchers that are issued to the cashiers as a receipt of payment after a payment has been deposited at the bank can also be captured or cancelled. It is important to enter the payment date and amount correctly. If the payment date is incorrect, SIGTAS might charge interest on a tax account that was paid in full and on time. If the amount is incorrect, SIGTAS will calculate an overpayment or an underpayment. Many types of reports can be created to verify the daily or monthly cash balance, the monthly revenue, payments and reverse payments, and to view information about payment vouchers and tax collected per tax type.

Download All The Document   

About Auditing Introduction The revenue department periodically audits taxpayers to verify compliance to tax law. An audit is a thorough examination of a taxpayer’s self-assessments and any other documents related to their tax accounts. In many cases, the amounts that are declared by the taxpayer, such as taxable income and allowable deductions and exemptions are reviewed and compared against similar returns for previous years. With SIGTAS, you can find self-assessments that contain questionable amounts and that should be audited. When such cases are found, you can open an audit case in SIGTAS and track the progress of the audit process. To facilitate the tracking of audit cases with similar characteristics, you can group them into an audit group. For example, all the audit cases for one type of enterprise could be entered into an audit group. The audit planning process can also be registered and tracked in SIGTAS. Many reports related to auditing activities can be created in SIGTAS. You can view information about one or more audit cases, or statistics concerning the impact that audits have had on the revenue department’s income. You can also create reports that show various statistics about the audit cases and audit plans registered in SIGTAS.