The new head of South Africa’s tax agency says rebuilding the organization will be a long haul after management was “dismantled” and it lost public trust.
The South African Revenue Service has terminated the services of suspended IT chief Mmamathe Makhekhe-Mokhuane with immediate effect.
Tax indaba, Naspers’s listing of Prosus, search for PIC CEO kicks off, Imperial Logistics results and more.
Tax Indaba to look into ways of recouping lost monies.
With the issues of corruption in the country, many citizens feel their money is wasted when paying taxes, but Sars will seek to address this.
Sars will step up its administration and penalties to ensure better compliance, commissioner says.
Kieswetter also announced that the income threshold for the submission of tax returns had increased to R500,000 from R350,000.
Ettiene Retief – Chairman of the national tax and Sars committee, SAIPA
Revenue service announces new division, income threshold for tax returns.