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LIVE BLOG: Kiewswetter says 20,000 people retrenched in April

South African Revenue Service Commissioner, Edward Kieswetter, is briefing the media on the impact of the coronavirus on revenue collection.

The Sars commissioner now takes questions from the media.

Kiewswetter says all dates for filing will be made available on the Sars website. 

The Sars commissioner says people can file their taxes online or go into their nearest branch.

Kiewswetter urges taxpayers to remian compliant. "We will make it easier for you to comply." 

"We've seen an increase of retrenchments in April, just over 20,000. This is more than April last year." Kiewswetter says.

"Many business will not return. They won't be able to operate profitably and therefore won't open." He says.

Kiewswetter says that tax relief is expected reach R70 billion.

Tax relief measures... 

"We expect  the number of companies who apply for business rescue to continue to increase." Kiewsweter says.

Corporate taxes are also down in terms of collection.

He says we could face a bad tax collection...

Kiewswetter points to bad performing SOEs, unemployment and limited competition in private sectors on the bad performing economy. 

"We're facing the worst economic times." The Sars commissioner says. 

Kiewswetter says final outcomes of the effect of COVID-19 on the economy will depend on the global effects.

The Sars commissioner says it's unfortunate that criminal activities find opportunity during the lockdown.

"We've observed ongoing illicit trade; from masks to cigarettes." Kieswetter says.

Sars Commissioner Edward Kieswetter says they have ensured that employees will be protected in terms of the gear they wear and sanitizers in the offices.

South African Revenue Service Commissioner, Edward Kieswetter, is briefing the media on the impact of the coronavirus on revenue collection.