Taking a leaf out of the Mauritian tax book, SARS could substitute all taxes with a 23% flat rate and come out better off. This is the assertion of a Daily Investor article that seeks to ...

Sars’ Specialised Crypto Unit is intensifying efforts to enforce compliance among cryptocurrency traders, revealing the ...

JEREMY MAGGS: And corporate tax rate. Any change expected on that front and if so ... but you don’t see government moving ...

Kyle Mandy, tax technical partner at PwC, says this is mainly because of disappointing corporate tax collections for December due to reduced profitability, particularly in the mining sector. In ...

The South African Revenue Service has set up a highly specialised unit to come after taxpayers who are dipping into local and ...

With Sars and the National Treasury looking at high wealth individuals, there is a possibility that the budget speech will include a wealth tax.

Although Treasury has benefitted from blue sky events recently, improving SARS capabilities is the best bet for growing the ...

More than 2.4 million South Africans have applied to withdraw money from their savings components under the two-pot retirement system, with a staggering R43.4 billion paid out to date.

Trusts also demonstrated higher compliance levels, with SARS receiving 84,134 returns for the 2024 tax year, up from 68,890 in 2023—an increase of 22.2%.

The South African Revenue Service (Sars) has reported that it has received 2,664,279 applications for tax directives for withdrawals from the two-pot system's Savings Withdrawal Benefit.