2025 – S1 – TAX2601 – ASSESSMENT B – Q&A
1. TAX2601-25-S1
2. Assessment B - Quiz assessment - LU 1 and 2
Quiz
Assessment B - Quiz assessment - LU 1 and 2
Started on Monday, 3 February 2025,
State Finished
Completed on Monday, 3 February 2025,
Time taken
Grade 50.00 out of 50.00 (100%)
Question 1
Which of the following taxes are included and discussed in the Income Tax Act?
a) Dividends tax
b) Value-Added Tax (VAT)
c) Capital gains tax
d) Turnover tax
a.
a, b & c
b.
a, b, c & d
c.
a, c & d
Correct
d.
a, b & d
1
,2025 – S1 – TAX2601 – ASSESSMENT B – Q&A
Feedback
The correct answer is: a, c & d
Question 2
Which one of the following statements is NOT correct with reference to the finality of
assessments? An assessment is final when...
a.
A dispute has been settled.
b.
An appeal has been settled by the court and no further appeal is made.
c.
An objection is wholly or partly disallowed and an appeal is filed.
Correct
d.
No objection has been made, or the objection is withdrawn.
Feedback
The correct answer is: An objection is wholly or partly disallowed and an appeal is
filed.
Question 3
In the Tax Board and Tax Court, the onus of proof is always on the_________
a.
Tax Practitioner that submitted the return on behalf of the taxpayer.
b.
2
, 2025 – S1 – TAX2601 – ASSESSMENT B – Q&A
taxpayer.
Correct
c.
Commissioner of SARS (CSARS).
d.
legal representative of the taxpayer.
Feedback
The correct answer is: taxpayer.
Question 4
Where a taxpayer disagrees with an assessment received from SARS, what is the
first step the taxpayer must take?
a.
Lodge an ADR or NOA form with SARS.
b.
The taxpayer may either request reasons or lodge an objection on an ADR1 or NOO
form with SARS.
Correct
c.
Lodge an appeal with the tax court.
d.
Lodge an appeal with the Tax Board.
Feedback
The correct answer is: The taxpayer may either request reasons or lodge an
objection on an ADR1 or NOO form with SARS.
3
1. TAX2601-25-S1
2. Assessment B - Quiz assessment - LU 1 and 2
Quiz
Assessment B - Quiz assessment - LU 1 and 2
Started on Monday, 3 February 2025,
State Finished
Completed on Monday, 3 February 2025,
Time taken
Grade 50.00 out of 50.00 (100%)
Question 1
Which of the following taxes are included and discussed in the Income Tax Act?
a) Dividends tax
b) Value-Added Tax (VAT)
c) Capital gains tax
d) Turnover tax
a.
a, b & c
b.
a, b, c & d
c.
a, c & d
Correct
d.
a, b & d
1
,2025 – S1 – TAX2601 – ASSESSMENT B – Q&A
Feedback
The correct answer is: a, c & d
Question 2
Which one of the following statements is NOT correct with reference to the finality of
assessments? An assessment is final when...
a.
A dispute has been settled.
b.
An appeal has been settled by the court and no further appeal is made.
c.
An objection is wholly or partly disallowed and an appeal is filed.
Correct
d.
No objection has been made, or the objection is withdrawn.
Feedback
The correct answer is: An objection is wholly or partly disallowed and an appeal is
filed.
Question 3
In the Tax Board and Tax Court, the onus of proof is always on the_________
a.
Tax Practitioner that submitted the return on behalf of the taxpayer.
b.
2
, 2025 – S1 – TAX2601 – ASSESSMENT B – Q&A
taxpayer.
Correct
c.
Commissioner of SARS (CSARS).
d.
legal representative of the taxpayer.
Feedback
The correct answer is: taxpayer.
Question 4
Where a taxpayer disagrees with an assessment received from SARS, what is the
first step the taxpayer must take?
a.
Lodge an ADR or NOA form with SARS.
b.
The taxpayer may either request reasons or lodge an objection on an ADR1 or NOO
form with SARS.
Correct
c.
Lodge an appeal with the tax court.
d.
Lodge an appeal with the Tax Board.
Feedback
The correct answer is: The taxpayer may either request reasons or lodge an
objection on an ADR1 or NOO form with SARS.
3
