South African Revenue Service (SARS)

 
Three strikes against KPMG - now what?
Three strikes against KPMG - now what?
KPMG has been struck by three scandals over the past year that have dealt serious blows to its reputation.
Reserve bank: Banks are free to choose their own auditors
Reserve bank: Banks are free to choose their own auditors
The South African Reserve Bank (SARB) said it will not interfere in the processes banks follow in appointing auditors.
Hawks target Mnangagwa’s rescuer
Hawks target Mnangagwa’s rescuer
Zimbabwe businessperson Justice Maphosa, who is credited with sheltering that country’s President Emmerson Mnangagwa from Robert Mugabe when he...
Curator withdraws VBS's 2017 financial statements
Curator withdraws VBS's 2017 financial statements
The turmoil at VBS Mutual Bank deepened on Monday, when the bank’s curator announced he was withdrawing its most recent financial statements.
SARS, NPA to go after taxpayers with outstanding returns
SARS, NPA to go after taxpayers with outstanding returns
The South African Revenue Service (SARS) has embarked on a new initiative with the National Prosecuting Authority (NPA) to prosecute non-compliant...
Gupta compound raided to seize assets related to Vrede dairy
Gupta compound raided to seize assets related to Vrede dairy
Authorities believed to be from the Asset Forfeiture Unit and Sars raided the Gupta Compound on Monday afternoon. Around 20 cars descended on the...
KPMG woes deepen after VBS bank scandal
KPMG woes deepen after VBS bank scandal
The two KPMG partners responsible for auditing VBS Mutual Bank had not disclosed the full extent of their financial interests in relation to the...
Big name witnesses for SARS 'rogue unit' case
Big name witnesses for SARS 'rogue unit' case
The list of witnesses the State will be drawing on in their case against a trio of ex-SARS officials is throwing up names well known during the...
VAT not all bad news
VAT not all bad news
The bad news, as we all know, is that value added tax (VAT) has gone up by a percentage point to 15% but the good news is that in today’s tough...
'Rogue Unit' makes an agreement with NPA, drops application
'Rogue Unit' makes an agreement with NPA, drops application
An urgent application brought by three former South African Revenue Service (SARS) executives to stay prosecution against them on charges of...
South Africa dodges junk status and gains a stable economic outlook
South Africa dodges junk status and gains a stable economic outlook
A recovery of the country’s institutions under new leadership, improved growth prospects, and clear and stable fiscal plans are the key reasons...
How will Cyril use his Obama moment?
How will Cyril use his Obama moment?
Between unrealistic Ramaphoria and unreasonable Ramapessimism, what is the rational basis for evaluating the progress or otherwise of South...

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