Will the Inland Revenue Department making mistakes?
Some customers reported that they had encountered suspected “miscounting” by the tax bureau in the past, but they could not appeal because they missed the objection deadline. The original tax payment is only $1,000 however as no objection is properly filled, the final tax payment is now risen to more than $10,000. “No one is perfect, we all make mistake.” It is not impossible for the tax bureau to “wrongly counting the tax payment”. If you have any doubts, don’t delay, deal with it before it is too late!
- Time to appeal
After receiving the tax assessment notice, if you find that the tax payment is abnormally higher than the previous amount, you can first check the income, tax allowance and deductible items. At the same time, pay attention to the “Assessor’s Note” at the bottom of the tax calculation form. More tax is charged than before due to the application for tax exemption and deduction being rejected. After cross-checking, if you still disagree with the tax assessment result, you must file an objection to the tax bureau within one month after receiving the tax assessment notice, and the overdue will not be accepted.
- Be careful when you “argue over numbers”!
There was a company whose tax bill was wrongly multiple by 10 times by tax bureau, and it was only discovered after paid the tax. They kept making calls to the tax bureau for it but failed, and even missed the one-month objection deadline. At the end, they handed it over to a team of accountants. After many rounds of dealing, the appeal was successful and a large amount of money was returned. When encountering the above thorny problems, it is not possible to reverse the result with just one or two phone calls. Every second counts, and the accountants handled the argument professionally and efficiently. They know the way better than ordinary people, and they are more confident in dealing with dispute. Regardless of personal or corporate taxation, the tax bureau may miscalculate the number unintentionally. Check before you pay, if have doubt, discuss with your accountant.
- One way to prevent problems before they happen, appoint the professionals
Is Tax filing complex? Hand over the company’s taxation to professional accountants. Let the professional to handle everything from financial statements, tax declarations to tax checking. If, unluckily, the tax bill is encounters a miscalculation by the tax bureau, with a proper objection being filed which repayment are guaranteed. Put the right person in the right post. Let the company earns more and more.
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