Do I need t pay the non-compliance penalty fee with SARS?
By Marc Sevitz · Updated
I managed to get the IRP5's and I filed them last week but still am being told I need to pay the penalty fee.
If I am going to dispute it, will I be charged interest or more penalties whilst it is busy being disputed?
Thank you so much!!
You can dispute and if successful then all interest and penalties gets reversed. However given that you earned above the tax threshold for those two years and did receive IRP5's with a tax number, you need to have submitted the returns. So it is most likely you would need to pay those amounts now rather than delay and cause interest to accrue.