The tax-filing season opens on Monday ahead of the release of two critical measures of business confidence and vehicle sales. Acting commissioner for the South African Revenue Service (SARS) Mark Kingon will launch the filing season with Finance Minister Nhlanhla Nene. The season has been shortened, from July 1 to October 31, and opens against a backdrop of an inquiry into administration and governance lapses. SARS also said on Friday it would remove certain forms and drop boxes for tax returns from branches to push more tax payers to file online. SARS has been battling slack tax compliance while some VAT vendors have not paid over collections to SARS, which aims to collect R1.345-trillion for the 2018-19 year. Erika de Villiers, head of tax policy at the South African Institute of Tax Professionals, forecast continued tax compliance challenges. "Because of economic conditions, a lot of people may consider not paying over their tax," she said. "The bigger problem is that once tax mo...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.