A logo of the South African Revenue Service inside a building.government’s Employment Tax Incentive by SARSThe ETI was introduced by government in 2014 as an incentive aimed at encouraging employers to hire young work seekers.
In its 8th year, some businesses have accused SARS of failing the programme with their long audits that they say drag on. Last month, President Cyril Ramaphosa revealed that the programme has yielded positive results with thousands of young people now in employment. However, this small business owner is concerned about long audits.
“We are doing everything that we have to do to bring young people into employment but there seems to be all sorts of programmes with the incentives, when it has to come to fruition, it just seems to be taking forever and ever. We don’t really know why. SARS doesn’t communicate; they just tell you that we’ve put you on audit. We don’t know why. Sometimes this audit can go forever and even sitting with an audit that has been ongoing for 90 days.
Did you ask SARS to comment on the article and if so what is their response
I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01
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Source: SABCNews - 🏆 37. / 51 Read more »