Tax
Economists warn govt against further tax hikes to pay for COVID vaccines
National Treasury has suggested that higher taxes could be one way of financing the vaccines, which are critical for saving lives.
The 39-year-old is accused of allegedly enticing and extorting a company director who was issued with a subpoena for outstanding tax returns and payments.
The scoop from 'The New York Times', reporting that Trump paid only $750 in federal income tax in 2016 and 2017, and none at all for 10 of the previous 15 years, was a shot to the jugular of the self-described billionaire.
Eskom and the Special Investigating Unit announced on Monday that summonses were being issued to 11 individuals who illegally diverted about R3.8 billion.
The COVID-19 pandemic has forced the service to readjust the way it designs and develops its systems.
"This case shows rogue officials at Sars that the courts protect taxpayers," says tax attorney Jean-Louis Nel (Tax Consulting SA).
The Money Show’s Bruce Whitfield interviews Matthew Haddon, Director at tax consultancy Simple Tax.
Mass unemployment, bankruptcies and other potential shocks could hit the richest but supporters of tax reform say they should still shoulder more of the burden.
The Draft Disaster Management Tax Relief Bill contains the latest proposed amendments in regard to tax relief measures to soften the economic blow caused by the COVID-19 pandemic.
With more than 60,000 members, the union said this would encourage health workers who were putting their lives on the line during the fight against COVID-19.
Just 125,000 people pay one-fifth of the R1.5 trillion the South African Revenue Services (Sars) collects in taxes.
'I would certainly be the last person to say that the current system or the past system was the perfect system.'
He headed a committee which was tasked with examining various aspects of the country’s tax system.
South African Revenue Service (Sars) Commissioner Edward Kieswetter was speaking at the Tax Indaba which at the Sandton Convention Centre.
Saraspathie Vallee pleaded guilty to VAT fraud and contravening of the Prevention of Organised Crime Act late last week in a Durban court.
Acting Sars commissioner oMark Kingon says a study conducted a year ago reveals how a number of churches are 'incorrectly declaring'.
The government is battling lower revenues and rising debt in a recession-hit economy.
The telecom companies say taxes on mobile payments introduced by a string of countries hurt their revenues and threaten much-needed investment in infrastructure.
CapeTalk's Africa Melane interviewed Ismail Momoniat, deputy Director-General at National Treasury.