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 ...

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

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

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 ...

Sars has recently been clamping down on ... of documentary proof was Dr X’s objection to an assessment of donations tax. The doctor paid his son amounts of more than R1.9 million.