Kaya 959 Kaya Biz

SARS Reaction On Tax

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The taxman’s compliance drive ensured debt collections from large businesses (R12 billion), high wealth individuals (R42 billion), and “corporate actions” (R6.8 billion). Sars’ Voluntary Disclosure Programme yielded additional revenue of R4.6 billion, outstanding returns (R5.4 billion) and targeted criminal investigations and preservation orders of less than R2 billion. We speak to Johnstone Makhubu, Chief Revenue Officer at SARS to find out more.
11 Nov 2021 11AM English South Africa Business News · Investing

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