Sars’s record-breaking tax collection
A look at how tax collection has improved since 1994.
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A look at how tax collection has improved since 1994.
Using the latest machine learning and AI tools, the South African Revenue Service (SARS) reduced the tax return assessment time from six months to five seconds.
President Cyril Ramaphosa has appointed SARS commissioner Edward Kieswetter’s replacement.
‘The system has strengthened, and that gives us the confidence that it is sustainable’ – outgoing Sars Commissioner Edward Kieswetter.
The South African Revenue Service says its “Modernisation 3.0” plan will enable the eventual automation of VAT assessments.
The National Treasury has confirmed that the recruitment process for the appointment of the next SARS Commissioner has been completed, and that an announcement on the next lead is imminent.
Sars commissioner Edward Kieswetter says the tax collector urgently needs more skilled people.
Instead of punishing all South Africans with higher prices for products and services, Sars has intensified tax compliance, in part thanks to increased funding from National Treasury.
Edward Kieswetter has collected over R1.1 trillion in compliance revenue during his time as SARS commissioner, having been instrumental in rebuilding this capacity following the destructive state capture years.
Please Call Me idea-man Nkosana Kenneth Makate will have to pay a substantial amount of tax on his over–R500 million settlement from Vodacom, two partners from Webber Wentzel Attorneys have said.