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 ...
The South African Revenue Service has issued a warning to taxpayers in its latest update related to the 'Two-Pot' retirement system.
However, a critical examination of our tax system reveals a policy decision that has significantly contributed to this purported fiscal constraint — the over-inflation of personal income tax (PIT) ...
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 ...
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 ...
With Sars and the National Treasury looking at high wealth individuals, there is a possibility that the budget speech will ...
In October hopes were high that the South African Revenue Service (Sars) could collect R12 billion more from companies than ...
Finance Minister Enoch Godongwana appeared frustrated with SARS Commissioner Edward Kieswetter’s remarks opposing tax hikes, ...
Although Treasury has benefitted from blue sky events recently, improving SARS capabilities is the best bet for growing the ...
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.