The South African Revenue Service (SARS) has been allocated R3.5 billion in the current financial year and an additional R4 billion over the medium term.
The Royal AM owner is making headlines after she reportedly missed her second deadline to submit tax-related documents to SARS. The news has thrust her into top trends thanks to her huge following.
Budget Speech on Wednesday, Minister of Finance Enoch Godongwana emphasized the importance of broadening the tax base and improving the administrative efficiency of SARS.
Sars made no adjustment to the tax return for the 2017 tax period ... then the taxpayer is automatically guilty of some form of dishonesty, their favourite being misrepresentation.” ...
The South African Revenue Service (Sars) has never taken a harder stance on collecting outstanding tax debts, including now targeting crypto traders and increasing scrutiny on trust reporting.
Stock Appreciation Rights (SARs) are gaining traction in India as a strategic tool for employee compensation and business growth. These rights provide employees with a financial incentive linked to ...
are all forms of wealth tax.” However, Kieswetter said the talk on wealth tax was not starting off on a blank page as SARS has since 2021 created a provision that looked at all individuals who ...
“In 2025/26, SARS will focus on addressing the tax gap to improve revenue collection ... to the 2025 National Treasury Budget Review document. The traveller declaration system is being ...