Tax Administration Amendment News Today

The DA is meeting this week to pave the way forward for its coalitions in Gauteng metros.

Taxi Industry only pays R5m in tax 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 While the minibus taxi industry is demanding government subsidies, the entire industry pays only R5 million in taxes, as a reply to...

A stunning response to one Parliamentary question has revealed just how little tax is paid by those running businesses in South Africa’s minibus taxi industry. With millions of commuters using the low-fare transport everyday, some estimates place the market’s total value at R90 billion – which would mean the profession has taken SARS for a ride. How much tax is paid by the minibus taxi industry? Geordin Hill-Lewis is the shadow finance minister. He asked his opposite number, Tito Mboweni,...

SARS is going after taxis in its next tax drive in South Africa Subscribe The South African Revenue Service (SARS) will focus on the taxi industry in the coming financial year as it embarks on major compliance drive, says finance minister Tito Mboweni. Answering in a written parliamentary Q&A, Mboweni said that SARS collected approximately R5 million in Corporate Income Tax (CIT) from taxi operators. However, this amount includes tax collected from their employment income, he said. “This is b...