Tax Collection
latest news & developmentsSars 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
‘Tax is unlikely to deter drinkers’
The treasury wants to raise taxes on alcoholic beverages and set a minimum price per unit
Taxpayers must bargain for accountable governance
The government will predictably object that taxpayers are sabotaging transformation, the same old argument whenever they face accountability
State can’t yet afford wealth fund
Despite the government’s announcement of a R30-billion sovereign wealth fund, analysts are questioning its utility in a time of increasing debt