If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Afternoon clouds. Mild.
Restoring the capacity of the South African Revenue Service would help address the economic challenges of SA, says Business Leadership South Africa's COO Busisiwe Mavuso.
Ghana’s tax agency has hired McKinsey & Co to help boost collections after missing the revenue target for the year through August by 1.8bn cedis ($367m).
South Africans are among the highest-taxed individuals in the world, while companies are more heavily taxed locally than businesses in many rich countries. This hampers investment and job creation.
Sars and National Treasury released its latest tax statistics report this week. Here are seven facts you should know.
Treasury research claims massive effect and little economic damage, but is it so?
The South African Revenue Services has hit back at negative media reports that attack the integrity of the organisation and its commissioner Tom Moyane
The delay in processes regarding the fate of suspended SARS boss Tom Moyane are not good, says a tax expert.
The finance minister told a meeting of tax practitioners in Sandton that revenues may be squeezed because of negative economic growth in the first two quarters of the year.
Finance minister Pravin Gordhan has a tough task ahead. He needs to find R28bn of extra tax revenue, but without damaging already fragile business and consumer confidence.
The taxman received altogether 5.74 million tax returns by its November 25 deadline, as taxpayers face increases to be announced in the February 2017 budget.
At a 0.5% growth rate, South Africa’s poor economic performance is the biggest impediment to stabilising its debt situation, says ratings agency Fitch.
With government debt on the rise, the primary funding mechanism will always be tax revenue, so increases in tax rates could still be expected, according to a tax expert.
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