The ANC on Monday denied that it owes the taxman more than R100m. In a statement‚ the ruling party dismissed as false a report by the Daily Maverick that it had been given 10 days by the SA Revenue Service to settle the bill. The report…
SHONISANI TSHIKALANGE Failure to register your details with revenue service Sars or not notifying it of changes to your details could result in up to two years’ imprisonment, says Tax Consulting SA. Roxanna Naidoo, an attorney, and Lisa…
ANTONY SGUAZZIN and PRINESHA NAIDOO Finance minister Tito Mboweni told selected clients of two of the country’s biggest banks that the National Treasury had no plans to boost income, corporate or value added taxes (VAT) even as the…
Just where will the finance minister find the extra money SA so badly needs? We know you need the money, the Automobile Association said to finance minister Tito Mboweni this week, but don’t grab it from fuel taxes. This was among the…
Another month, another fuel price hike. At this point, such news is no longer shocking. Since May the country has had to endure a new hike every month to the point where it would now be more surprising if there wasn’t one in November.…
If you have a good job overseas‚ living in a country where the tax rate is 25%‚ but your salary falls into South Africa’s 45% tax bracket‚ the taxman now wants to come after you to collect the difference of 20%. Jerry Botha‚ a managing…
