SARS Commissioner Edward Kieswetter says they are also investigating fuel refund claims of over R1 billion from major licensed distributors. has warned non-compliant taxpayers and traders that it will act firmly and professionally with them. SARS Commissioner Edward Kieswetter has highlighted enforcement actions across various industries.
The offences, include VAT fraud amounting to R5 billion, understatement in income tax declarations amounting to another R4 billion, as well as custom offences. SARS says it has been investigating various non-compliance activities in the fuel industry and has to date raised assessments in excess of R2 billion.
Kieswetter says they are also investigating fuel refund claims of over R1 billion from major licensed distributors.On Wednesday, SARS welcomed the tax breaks in the latest budget. Kieswetter says he was not at all surprised by the announcement that there would be no major tax increases this year.“I think the decision in the treasury family is that there is every intention to provide tax relief and not increase taxes.
In video below, Billy Joubert of Deloitte Africa discusses the tax relief annouced in the Budget by Finance Minister:
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Pula e e satlo bora game, mara if juju wa kgona go strik'a ko yone chiefs le pirates ba ka se tlholege
Joooo what is worst is that i'm going to campus as rainy as it is.
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