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
NEXT ON NEWS24X

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

 
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.