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Sipho Mabena Tax attorney at Tax Consulting SA Jean-Louis Nel said in 2017 when Sars started investigating these high net wealth individuals, the taxpayer was able to recover an additional R184-million. Sars commissioner Edward Kieswetter. Picture: Moneyweb With about 38 400 individuals with a net asset value of over one million US dollars (about R14.7-million) as well as their complex tax structure, experts believe the establishment of a dedicated unit within SA Revenue Services (Sars) for this class of taxpayer was long overdue. Finance Minister Tito Mboweni announced the establishment of such a unit on Wednesday, during his budget speech.  “For Sars to continue to provide a customised and seamless service to various categories of taxpayers, we are establishing a separate unit to focus on individual taxpayers with wealth and complex financial

East londonEastern capeSouth africaSouth africanJacques nellesJohann van loggerenbergJean louis nelEdward kieswetterTito mboweniNeliswa tantsiAfrican revenue service sarsSa revenue services sarsPretoria magistrate courtLarge business international taxpayer segmentMinister tito mboweniHigh wealth individual taxpayer segment