Budget Speech 2020

SARS to act firmly against non-compliant taxpayers, traders

The South African Revenue Service (SARS) has warned non-compliant taxpayers and traders that it will act firmly and professionally with them. SARS Commissioner Edward Kieswetter has highlighted enforcement actions across various industries. The offences, include VAT fraud amounting to R5 billion, understatement in income tax declarations amounting to another R4 billion, as[…]

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