Sars
latest news & developmentsRethinking the value of commissions
Any objective analysis must proceed from the premise that commissions of inquiry are not criminal courts. They neither prosecute nor sentence. Their constitutional purpose is to…
Godongwana holds better budget cards but economic recovery remains inadequate
Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth
Ramaphosa no weak president
Bold and assertive Cyril debunks the myth of a weak and indecisive leader
Transfer duties breaking SA’s property ladder
The transfer duty system is punishing those trying to enter or move through the market
Former Sars commissioner Oupa Magashula dies after long illness
Magashula resigned in 2013 after an investigative report found that he had acted improperly during a recruitment process
Godongwana forecasts better revenue, strikes optimist tone in medium term budget
The finance minister announced a lower inflation target of 3%, which the South African Reserve Bank has been pushing for
Blockchain-based financial reporting has potential to empower SMMEs
It can eliminate the need for expensive and time-consuming manual audits, creating verifiable financial histories automatically, with minimal cost.
Sars collects R1.855 trillion in revenue, driven by personal income tax
And R447.7 billion was returned to taxpayers, says South African Revenue Service commissioner Edward Kieswetter
EFF leaders split over national budget, VAT increase
Divisions in the party have emerged over VAT hikes, coalition negotiations, and fiscal policy strategies
The high noon showdown between Sars and the Goldkid mafia case
Freedom to express fundamental rights versus administrative action by the South African Revenue Service exposes a fundamental link to communal interests and justice in a…
R60bn shortfall: How the treasury can rethink its economic strategy
The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation
Tax Bracket Over-inflation: How the treasury is forfeiting R198bn a year
Tax bracket over-inflation has led to income inequality and less money for essential services
Ingonyama Trust Board opens criminal case against Jerome Ngwenya for theft
The ITB has also launched civil action to recover R30 million in funds allegedly stolen by the former chairperson and two others
Thoshan Panday granted R100 000 bail in tax fraud matter
The Umhlanga-based businessman will appear in the Durban High Court on 15 February on corruption and tax-related charges
Corporate taxpayers frustrated with Sars over delays, aggressive penalties
Half of the participants in the Taxing Times survey still find compliance with tax obligations difficult