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 ...

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

The withdrawals released an additional R43 billion into the economy. Consumer spending also increased because of the lower ...

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

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

Many consumers were taken aback by the tax they had to pay when withdrawing some of their funds under the two-pot retirement ...

SARS also stepped up its use of technology ... only to find that the withdrawals were subject to tax at their marginal tax rates. This led to deductions that left them with less than they anticipated, ...

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.

Sars’ own “Seals” team – Covert in the ... tax bill as the shift taking place from an effective capital gains tax rate of 18% for individuals to being subject to their marginal rate ...