Effective Tax Compliance, Enforcement & Debt Collection

Description

Introduction

This workshop’s approach will be to develop a strategy from tax compliance, collecting debt through to the enforcement of any resulting judgment that maximises the chance of recovery and stops expensive and unnecessary litigation. This means that whatever the debtor’s circumstances and whatever type of debtor you are pursuing, you will have a plan to collect, litigate, and enforce the judgment. Thus, use your plan to underline the debtor’s consequences non-payment.

This event is an eligible Continuing Professional Development (CPD) for tax enforcement managers, supervisors, accountants or other finance professionals. Many accountants, finance professionals and other professionals are required to maintain CPD throughout their career.

Course Content

• Tax audits, investigations and verification
• Prompting debt collections
• Prompting tax compliance strategy
• Prompting enforcement services

Learning Outcomes

• Understand the diversity of the debt collection in tax regulatory sector
• Know how to obtain sufficient information to commence the debt collection cycle in accordance with legislation
• Be able to develop a debt collection plan and understand compliance strategy
• Be prepared to create an effective enforcement strategy
• Identify legal proceedings that can be implemented to recover the tax debt from a defaulter who may not pay their debts
• Understand the importance of effective communications involved in the debt recovery process to ensure compliance
• Know why individual third-party relationships within the consumer debt collection industry are necessary