LETTER: Taxation conundrum
Across the whole productive private sector, my employer’s and my taxes finance the public sector, the government. Call this private sector contribution Pool A
12 March 2020 - 05:00
There is one aspect of your excellent articles on the SA Revenue Service (Sars) and tax generally (Cover Story and On My Mind, March 5-March 11 (https://www.businesslive.co.za/fm/opinion/on-my-mind/2020-03-05-dennis-davis-mbowenis-tax-tightrope/)) that I do not understand.
To simplify, my employer — a company in the private sector — trades, makes a profit and pays tax on that profit...
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