SARS Commissioner reveals that just 570 wealthy individuals contribute nearly half of South Africa's R8 billion tax revenue, ...

While think tanks and unions call for a wealth tax to plug the gaps in South Africa’s budget, experts point out that the ...

and the detail may just be what makes Sars frown upon the extent of the donation to be exempt from tax. A detailed description would read something like: 2024 BMW X5 M60i with extra horsepower ...

Budget Speech on Wednesday, Minister of Finance Enoch Godongwana emphasized the importance of broadening the tax base and ...

With Sars and the National Treasury looking at high wealth individuals, there is a possibility that the budget speech will include a wealth tax.

For many South Africans, saving for retirement feels like a luxury – something to worry about later. Between home loans, ...

Amid the uncertainty, one thing remains clear: the need for tax revenue collection has never been greater. The South African Revenue Service (Sars) has never taken a harder stance on collecting ...

The overarching requirement of “detail” in the taxpayer’s grounds of objection and the requirement that the taxpayer must “specify (and) in detail” the part or specific amount of the assessment ...