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Sars exceeds revenue targets

MONEYWEB app instead? 21:15  Image: Moneyweb The South African Revenue Service (Sars) has defeated the odds by exceeding the revenue collection target set in February last year, and then revised several times because of the global Covid-19 pandemic. The estimated target of R1.21 trillion was exceeded by R38 billion. The revenue authority collected R1.25 trillion for the tax year that ended on March 31. The expected total tax deficit of R312 billion was reduced to R175 billion. INSIDERGOLD ...
South Africa South African Keith Engel Dennis Davis Edward Kieswetter Tito Mboweni

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Mboweni sticks to a realistic path in 2021/22 Budget

Feb 25, 2021 South African Finance Minister Tito Mboweni delivered the 2021/22 Budget on Wednesday that treads a pragmatic path between over-spending and too much austerity, as the economy grapples with the impact of Covid-19 and lockdowns. By Wesley Grimm, Joon Chong, Cor Kraamwinkel from Webber Wentzel The minister clearly listened to widespread calls to avoid raising taxes but also to allocate more funds to rolling out vaccines. Overall, it was an optimistic budget, but with some stings in t...
South Africa South African Wesley Grimm Tito Mboweni Webber Wentzel Joon Chong

Top 5 PAYE errors that could cost you dearly with SARS

Top 5 PAYE errors that could cost you dearly with SARS Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by With Covid-19 burdening the economy and SARS seeking to increase its revenues however it can, organisations with...
South Africa South African Tanya Tosen Disclosure Programme Remuneration Specialist Tax Consulting South Africa

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