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Legal Matters and the Law

SOUTH AFRICA GEARING UP FOR TAX REVOLT

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JudgeDennisDavis
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The South African Revenue Services (SARS) has released its annual report for 2017/2018.
Collections for the 2017/18 financial year amounted to R1 216.5 billion, which is R843 million or less than 1% below the revised target of R1 217.3 billion.
While this is slightly short of expectations, it was still R72.4 billion or 6.3% more than the previous year and significantly higher than the GDP growth, said acting SARS commissioner Mark Kingon.
https://businesstech.co.za/news/finance/277907/heres-what-south-africans-think-of-sars-and-the-possibility-of-a-tax-revolt/
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JudgeDennisDavis
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The questions surrounding a possible tax revolt are especially timely ahead of finance minister Tito Mboweni’s inaugural medium-term budget policy statement (MTBPS) later this month.
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During his MTBPS last October, former finance minister Malusi Gigaba cited concerns around the weakening tax compliance and tax morality in South Africa.
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“Behavioural responses to tax increases may be larger than anticipated and revenue could perform below expectations even if taxes are hiked,” Gigaba said.
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“Compliance concerns are mounting in the context of tax administration challenges and weakening tax morality.”
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lucy-marquez
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How about as many people as possible buying only zero VAT foods for a week? Fresh vegetables, fresh fruit, bread, milk... it is possible - and you'll give your body a health boost in the process... but will it have any effect
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A certain irony that non-tax payers are prosecuted, yet the ABUSE of tax moneys goes COMPLETELY unpunished
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I know several tax practitioners and none of them haVE a positive opinion of SARS
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Tax must still be paid- but what if companies did not pay it over until the corruption and corrupt individuals have been cleared from the offices they hold.
It’s not like service is actually being provided at the moment anyway
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