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 ...
while taxpayer withdrawal rates increased to 32%. This trend underscores Sars' commitment to applying tax laws rigorously while reducing unnecessary litigation. Sars continues to improve its ...
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.
With Sars and the National Treasury looking at high wealth individuals, there is a possibility that the budget speech will ...
Tax collections came in just below the October forecasts for the 2024/25 tax year. The South African Revenue Service (Sars) was able to collect R1.84 trillion, which is R19.3 bill ...
Although Treasury has benefitted from blue sky events recently, improving SARS capabilities is the best bet for growing the ...
Finance Minister Enoch Godongwana appeared frustrated with SARS Commissioner Edward Kieswetter’s remarks opposing tax hikes, ...
The South African Revenue Service has issued a warning to taxpayers in its latest update related to the 'Two-Pot' retirement system.
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 ...
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.