Amendment welcomed

2019-06-18 06:00

Newly appointed SARS Commissioner, Edward Kieswetter’s positive amendments are indeed welcome, especially that taxpayers earning less than R500 000 per annum will need not have to submit tax returns.

Some economists claim that in South Africa, about 1.7 million people (roughly 3% of the population) pay about 80% of income tax purse, contributing to 18 million recipients of state (SASSA) grants. The SA economic growth has been virtually flatline – stagnant at less than 1% per annum, and ordinary citizens have felt the effects of fuel hikes and the rise in the cost of living.

Reports that Kieswetter will pursue individuals implicated in state capture is encouraging as he sweeps clean in increasing the national coffers and fiscus.

Kieswetter is definitely not related to former finance minister Trevor Manuel, but they definitely cut from the same cloth, namely, Kaapies (Capetonians) getting the job done without fear or favour.

Mark RH Kleinschmidt Kenwyn

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