SARS 2018 tax collection slightly below budget at R1.216trn
South Africa’s tax agency collected R1.216 trillion ($101.3 billion) in the year through March, slightly below target.
South Africa’s tax agency collected R1.216 trillion ($101.3 billion) in the year through March, slightly below target.
Moody’s Investors Service confirmed the long-term issuer and senior unsecured ratings of the Government of South Africa at Baa3, as well as the (P)Baa3 senior unsecured shelf and senior unsecured MTN program ratings. The outlook was changed to stable.
South African tax agency commissioner Tom Moyane was suspended on Monday and will face disciplinary proceedings as the government seeks to restore trust in the institution, the Presidency said.
Now is the time to make use of a great government incentive that encourages people to save for their retirement in a tax-efficient retirement annuity (RA).
The South African Revenue Service (SARS) collected R1.144trn for the 2016/17 financial year, according to SARS commissioner Tom Moyane.
The Tax Ombud Judge B M Ngoepe obtained approval from the Minister of Finance to review the alleged prevalent undue delays by the South African Revenue Service in paying out tax refunds.
Altogether 1,917 cases involving South African residents have been identified in the Panama Papers scandal, according to the South African Revenue Service.
Kumba Iron Ore was the biggest loser on the JSE on Friday after it announced it would pay the South African Revenue Service (Sars) a R2.5bn tax bill.
Donwald Pressly analyses the words of controversial political analyst Karima Brown – who says the ANC is undergoing “a push for change”.
Pravin Gordhan was detained three times as he worked to bring an end to apartheid in South Africa, enduring beatings and suffocation at the hands of the police. He revealed no secrets.