How to Navigate SARS Debt: An Interview with Thomas Lobban

28 May 2024
How to Navigate SARS Debt: An Interview with Thomas Lobban
28 May 2024

Interview with Thomas Lobban on the Morning Show, etv.

In this interview on Morning Live, Thomas Lobban, a Tax Legal Specialist at Latita Africa, discusses the urgent need for taxpayers in debt with the South African Revenue Service (SARS) to take immediate action.

With SARS ramping up its debt collection efforts, including third-party collections and asset attachments, Thomas stresses the importance of prompt, proactive measures. He advises seeking help from knowledgeable tax advisors, especially if previous attempts to resolve the debt have been unsuccessful. Lobban outlines options for managing tax debt, such as disputing SARS assessments, negotiating deferment plans, and entering into compromise agreements under the Tax Administration Act.

Thomas highlights that navigating these processes effectively requires expertise in tax law and strong negotiation skills to achieve the best outcomes for taxpayers.

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