Tax Revenue
latest news & developments
R60bn shortfall: How the treasury can rethink its economic strategy
The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation
‘Tax is unlikely to deter drinkers’
The treasury wants to raise taxes on alcoholic beverages and set a minimum price per unit
Budget: Mboweni pegs recovery hopes on vaccine efficacy, lower public wage increases
The treasury forecasts 3.3% growth, but warns this will fall to 1.6% if the fledgeling vaccination programme fails to stem successive Covid waves
Moving towards undoing Joburg’s spatial apartheid
The Nodal Review might transform South Africa’s biggest city. Implementing the new policy, which has the potential to open wealthy suburbs to impoverished residents, is the…
Ramaphosa says recession announcement is ‘not a surprise’
President warns of tougher economic times ahead as the world’s leaders plan for a global economic slowdown
Illicit tobacco trade team targeted fellow Sars employees
In a probe which cost taxpayers R3-million, a senior Sars’ acting senior manager was targeted
Nene: Recession a risk for tax revenues
Finance Minister Nhlanhla Nene said it would be hard for government to implement ambitious social security programmes without growing tax revenues
How Moyane led Sars to brink of ruin
Senior revenue service executives tell the Nugent inquiry how their ‘higher purpose’ was subverted
Employees claim that fear stalked Sars during Moyane’s reign
Reign of terror: Former and current employees have testified about the culture of mistrust under the leadership of suspended commissioner Tom Moyane
Shorter tax season coming soon
The tax season will now open on July 1 and end October 31 and applies to all individual non-provisional taxpayers
State relies on VAT to plug holes
Critics dismiss treasury’s claims that the increase in value-added tax is the best way forward
Gigaba gives markets the jitters
His mini-budget speech promised a lush harvest, but analysts say a famine of ideas and a drought of solid assurances failed to convince investors
SA has lost out on R180bn in forfeited taxes
The most important tax cuts took place between 2000 and 2005, not in the 1980s, writes Dick Forslund.
Dealing marijuana not so dope in the US
US drug laws force marijuana dispensaries to run on a cash basis, flooding tax offices with bags of notes, and raising safety concerns.
SA collects more tax revenue than expected
South Africa will confidently meet its budget deficit target of 4% GDP after the revenue service exceeded its tax target.