Taxi industry makes billions, but only R5m in taxes collected | The Citizen

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Taxi industry makes billions, but only R5m in taxes collected

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The ANC big shots own 50% of the taxis so go figure

Our_DA time to boycott taxes.

What about fuel levies and VAT when purchasing a new taxi , vehicle maintenance parts and service.Those figures are not true. Those guys are changing break pads every month and break pad is not zero rated on tax.

Where are the tax collectors?

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Minibus taxi industry pays only R5m in company tax – now it may get its own tax rules | Fin24The minibus taxi industry contributes only around R5 million in annual company tax, Finance Minister Tito Mboweni confirmed this week. SARS is concerned about tax avoidance in the industry, which earns an estimated annual revenue of R5 billion. | Fin24 Fin24 Only few make money ... if they maintained those scraps and formally paid drivers, many would hesitate to remain in that business. Fin24 Lots of people aren't paying especially taxi owners...correct me if I'm wrong Fin24 NGEKE bayinuke eyamatekisi. 🤣🤣🤣
Source: News24 - 🏆 4. / 80 Read more »

Minibus taxi industry pays only R5m in company tax – now it may get its own tax rules | Fin24The minibus taxi industry contributes only around R5 million in annual company tax, Finance Minister Tito Mboweni confirmed this week. SARS is concerned about tax avoidance in the industry, which earns an estimated annual revenue of R5 billion. | Fin24 Fin24 Only few make money ... if they maintained those scraps and formally paid drivers, many would hesitate to remain in that business. Fin24 Lots of people aren't paying especially taxi owners...correct me if I'm wrong Fin24 NGEKE bayinuke eyamatekisi. 🤣🤣🤣
Source: News24 - 🏆 4. / 80 Read more »