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Tax bonanza: Sars collects R138bn more than predicted in 2020/2021


Tax bonanza: Sars collects R138bn more than predicted in 2020/2021
1 April 2021 6:42 PM
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Sars Commissioner Edward Kieswetter discusses the reasons for the better than expected result on The Money Show.
The South African Revenue Service (Sars) has announced better than expected revenue collection for the 2020/2021 financial year.
It collected R38 billion more than was forecast in the 2020 February budget, despite the economic fallout of Covid-19.
Commissioner Edward Kieswetter said this was as the result of the slightly improved economy and Sars tax collection efforts.
Kieswetter, who s been in the hot seat now for almost two years, expands on these improved efforts on The Money Show. ....

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Tax bonanza: Sars collects R138bn more than predicted in 2020/2021

Tax bonanza: Sars collects R138bn more than predicted in 2020/2021
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Sars gets large injection to improve technology infrastructure

Sars gets large injection to improve technology infrastructure
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Sars extends online 'filing season' deadline


MONEYWEB
app instead?
Concessionary move aimed to assist Covid-19 weary South Africans.
By Moneyweb Reporter
28 Jan 2021 
15:58 
Sars Commissioner Edward Kieswetter. Image: Moneyweb
The ‘eFiling’ deadline for provisional taxpayers has been extended from January 29 to February 15, the South African Revenue Service (Sars) announced on Thursday.
It comes as goodwill gesture, with Sars noting “with deep concern” the unprecedented health challenges presented by the Covid-19 pandemic, which have resulted in loss of lives, livelihoods and other pressures on South Africans.
Commenting on the move, Sars Commissioner Edward Kieswetter said: “The decision to extend the filing season was taken with due consideration of the traumatic effects being experienced by taxpayers who have lost loved ones, as well as businesses who have lost staff, during the devastating second wave of Covid-19.” ....

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