Finance committees tell Parliament that SARS needs to be more efficient
Parliament’s two finance committees have raised concern over the performance of the South African Revenue Service (SARS), coinciding with Finance Minister Malusi Gigaba’s establishment of a commission of inquiry to investigate it. These concerns are highlighted in the reports of the two committees on the revised fiscal framework, tabled by Gigaba in Parliament in October. The reports were compiled following public hearings on the medium-term budget policy statement. "While the committee agrees that the primary reason for the revenue shortfall (of R50bn) is the slow economic growth, it feels that SARS also needs to be more effectively capacitated and more efficient in its work," the separate reports of the standing committee on finance and the select committee of finance said. "It also needs to far more effectively tackle illicit financial flows including through working with other state agencies. "It also needs to more actively address waning public confidence in SARS, decreasing ta...
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