It's no to a wealth tax and yes to tax breaks for home solar - Kieswetter

SA Revenue Service (SARS) commissioner Edward Kieswetter says that tax compliance measures are paying off so well that he and the National Treasury agree there is no need to impose new taxes now. 

Kieswetter was speaking at the PSG Think Big series on Tuesday. 

In two weeks Finance Minister Enoch Godongwana will table the national budget, the only occasion on which changes to tax policy can be made. Tax policy is the sole prerogative of the finance minister, and is not determined by SARS. 

However, Kieswetter said that there was general agreement with the Treasury that the direction of taxes, particularly for companies, should follow international trends and be downwards.