SARS yet to pay R20bn in VAT refunds, says Pravin Gordhan
Allegations have been made that the tax authority was withholding tax refunds to boost its tax revenue collection performance
23 March 2017 - 14:33
The total value of VAT refunds‚ which had not been refunded by the South African Revenue Service (SARS) by end-February amounted to R19.6bn of the R129.3bn claimed during the 2016-17 tax year‚ Finance Minister Pravin Gordhan said on Thursday. His written reply to a parliamentary question by DA deputy finance spokesperson Alf Lees comes in the wake of the announcement that the finance ministry has given Tax Ombud Judge Bernard Ngoepe the go-ahead to conduct a systemic investigation of tax refunds by SARS.
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