Tax / SARS

 

South Africans In For R30 Billion Tax Hike For 2018

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The ANC is now pushing for a massive tax hike to fill the holes in our economy, according to a report in Business Tech. It’s unclear whether there are plans to make any additions to Nkandla or if Government is going ahead with JZ’s free education plan. During his mid-term budget speech, Malusi Gigaba said there is an R40..
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No Tax  Revolt Coming To South Africa – Gigaba – What About Zuma?????????

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‘We will revolt against those who revolt against paying taxes,’ says Gigaba. South African Finance Minister Malusi Gigaba presented the 2017 Medium-Term Budget Policy Statement (MTBPS) in Parliament on Wednesday. Finance Minister Malusi Gigaba says that he does not foresee a “tax revolt” among South African citizens who are fed up with corruption and government’s..
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SARS Goes After Taxpayer Who Owes R0.49 – SARS MUST BE DESPERATE

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SARS is getting desperate after suffering huge shortfalls and is now auditing a large portion of taxpayers who need to receive refunds. This is according to the Rapport newspaper, which spoke to tax practitioners about changes at the revenue service. According to the newspaper, more salary earners are subjected to audits – while SARS takes longer..
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Zuma’s Mask Slips All The Way As He Shows How Far He’s Willing To Go

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Jacob Zuma drops soil onto the grave of veteran journalist Zwelakhe Sisulu at the West Park Cemetery in Johannesburg. Sisulu was imprisoned during apartheid for voicing opposition to the National Party. The coordinated, yet clumsy and moronic, attempt through the weekend by the State Security Agency and SA Revenue Service to stop distribution of Jacques..
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Charges Laid Against ‘President’s Keepers’ Author Jacques Pauw

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Move comes after repeated threats from State Security Agency Veteran journalist Jacques Pauw, the author of The President’s Keepers, leaves the eNCA offices in Hyde Park, Johannesburg, this week.  Gauteng provincial police spokesman Col Lungelo Dlamini has told TimesLIVE that criminal charges have been opened against investigative journalist Jacques Pauw. TimesLIVE understands the charges against Pauw, author of..
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The State Security Agency makes second attempt to gag Jacques Pauw’s book

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The State Security Agency has sent yet another cease and desist letter to get The Presidents Keepers withdrawn from bookshelves, but this time the letter was sent to its title editor Russel Martin. Authur and veteran journalist Jacques Pauw announced during the official launch of his book that the SSA’s cease and desist letter gave..
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This Is Who Is Paying South Africa’s Tax – A Paltry 13% Of The South African Population

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Finance expert Jayson Coomer, known as the Rolling Alpha, has updated his annual breakdown of South Africa’s tax trends, following the mini-budget speech delivered this week. According to Coomer’s data, currently a paltry 13% of the South African population of 56 million people are the ones paying income taxes – with the other 87% not contributing..
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Gigaba’s first test: Can he ace the mid-term budget?

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Finance Minister Malusi Gigaba is in an unenviable position. In his maiden budget – today’s medium-term budget policy statement – he must confront, among other things, low economic growth, a tax revenue hole big enough to fly a plane through and the budgetary consequences of struggling state-owned enterprises. These issues are some of the chief..
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What is the ANC learning from the private sector

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Within the past few days, former president Kgalema Motlanthe said it would be good if the ANC was voted out of office (good for the ANC, that is), the outspoken MP Makhosi Khoza resigned from Parliament and from the ANC, and the Bank of Baroda won a court case to allow it to stop being..
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Moyane clings to existence of so-called ‘rogue unit’ despite KPMG confession

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Sars commissioner Tom Moyane has insisted that there is evidence to support the notion of a so-called “rogue unit” in Sars, despite a blow from auditing firm KPMG which withdrew its findings on the unit. Moyane announced in a press briefing on Monday that the South African Revenue Service is now pursuing legal action against..
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