Load shedding is affecting companies' profitability too – a double whammy for SARS, as it collects less corporate income tax from those affected while paying higher refunds.
"We do think that has got some linkage to the Transnet's ability to assist in the evacuation of those minerals. But also, we feel that load shedding that is in the background affects miners," said Makhubu. In the past year, tax collection from fuel levies was affected by National Treasury's decision to temporarily reduced the general fuel levy to smoothen the impact of higher fuel prices on consumers and businesses last year.
_Business Nonsense, we wake up in the morning while it’s cold to go work so they’ll take out salaries 😕 while everything is expensive
_Business Now what to do with it…..Eskom is priority number one. Provided the “pigs” don’t get to the trough first.
_Business This isn't good for businesses and so employees. But expected since the increase in interest rates.
_Business Maybe cyril hid his $$$ in there.
_Business Are we supposed to be proud?
_Business Tom Moyane would have collected double this amount
_Business I hope the extra money goes towards paying off the countries debt
_Business Robbing the ordinary citizens, to pay for the corruption of the old people in government along with those in SARS. Well done
_Business Hope it is spend correctly ....
_Business R2t and GDP is going down with interest rates going up? The country enjoys little or no development, unemployment remains in the 30+%, little prospect of school leavers finding a job, the corrupt remain untouched and crime is out of control. This is certainly not an achievement!
_Business And ANC/Government probably pocketed most of it through corruption
_Business You could kiteray rebuild this entire country with that money. Public transport, clean drinking water for everyone. ACTUAL housing for communities still living in the worst conditions. Food prices, fuel prices, the state of medical centers etc.all could be better for RSA but nooo
_Business Then why is this money not increasing government employees salaries?
_Business En ek ry op vrot paaie... die polisie het nie voertuie..en..en..en.. waar is die geld?
_Business
_Business From overtaxed and debt burdened citizens . Not anything to be happy about as it’s not going to uplift our lives in anyway .
_Business ANC members are gonna be living nicely
_Business Your point?
_Business It would be interesting to do a pound for pound comparison with Tom ,all be it that other establishment will shoot the chap down. Kieswitter is not doing a good job other than targetting SME's whilst illicit financial flows continue unabated. His admnistration is bully themed.
_Business Now this man is working
_Business Stealing unreasonably exorbitant taxes from the working class by violent force just because you can is nothing to brag about especially when forcing people into debt whilst lining the pockets of corrupt government officials so they can eat. That's what gangsters and crooks do.
_Business
_Business Emagene if we have collected tax from illicit cigarattes 😥 that money would have help to repare photoles
_Business How much was stolen?
_Business SARS has taken the money from legitimate owners to a den of kleptocracy(cANCer thieves)
_Business I have contributed a lot on tax hence I won't vote for ANC to misuse it
_Business Patalang skoloto sa r500 billion before le isa ko mattresseng chelete fast fast
_Business add dollars stashed in mattresses to that.
_Business Wow our contributions but I will rest better knowing they are used properly
_Business My personal tax must be reduced..it being mismanaged by this mafia state...
_Business poor result as your base decreased, you only strangled the consumers.
_Business TaxationIsTheft TaxationIsExtortion
_Business They overtaking us poor employees, corrupt sars sies.
_Business
_Business It would be 5x if SARS taxed foreign owned tuckshops, the taxi industry and you put an end to the illicit cigarette trade and eliminated counterfeit goods on the market.
_Business Taxes used to feed 5 Million Zimbabweans and 15 million Illegal immigrants
_Business It would have been 4 trillion if the Pakistanis Somalis and Ethopian businesses in the Townships were tax compliant
_Business Can you imagine if this illicit cigarette were legit maybe sarstax will be counting more than 5 trillion
_Business People can't pay their bills, rent, bonds, school fees, medical, and insurance, buy food and the government is making trillions to steal for themselves while we have shit flowing in our streets, rivers!
_Business Welele
_Business Comrades going to eat nicely
_Business the comrades are excited as most of this money will be stolen.
_Business When did it jump from R1.68 trillion as reported by the commissioner earlier to over R2 trillion?
_Business But there'll be no improvement in service delivery or social issues. Comrades are going to grt their hands on that hard earned tax payers money.
_Business only because they penalize people for their inadequate systems. sarstax
_Business And we fuck all to show for it !
_Business Just a pity government and SOE’s steal this money. Pity Kieswetter cannot put an end to those thieves.
_Business ANC be like.......we have to up our game.
_Business And yet we have nothing to show for it. SOE,s tanked or tanking. No jobs. High inflation. More and more people going hungry. No more subsidies to charities. Very interesting.
_Business Thought all the 'taxpayers' were immigrating 🧐
_Business MogaleBK
_Business We know the trick hold as many refunds as possible until the stats come out...🙄🙄
_Business Why don't sars aim for the bigger fish dodging them, how about taking a look at eskoms financials? 😂 Asking for a friend
_Business Probably the last time since most taxpayers are leaving
_Business Is this just tax bracket creep or actual increase in tax payable?
_Business Now imagine of they actually spent 2 trillion on fixing up the place instead of siphoning it off
_Business And this amount could have been much more if not for the absolute dumb lock-down rules issued by kopdoek zuma about the liquor and cigarettes. Now 70% of the cigarette market is illegal and no vat or excise is paid. Thousands lost heir jobs and businesses closed down. ANC useless
_Business Let the Comrades eat.
_Business the Comrades are happy more to loot
_Business The millions dollars Ramaphosa didn't declare, are a loss.
_Business Tom Moyane did way better than any commissioner so far. So, please, we have seen and witnessed better revenue collections before.
_Business Lets start looting👏🏼🙌🏼wonder where government will start?
_Business More money to steal
_Business Collection without paying refunds due to taxpayers is just worse.
_Business All that money and still a collapsing country 😕
_Business Oh bawo wam, let’s hope Luthuli House comrades won’t see this.
_Business It is not a coincidence that SARS is the only public institution that is managed efficiently in SA...
_Business Damn, I know its little but I have over R70k in that damn fund
_Business The president did declare Phala Phala dollars
_Business Nothing to applaud here. Just shows how overtaxed we are.
_Business Well done SARS! One beacon of excellence - ironically the only one that screws SA'ns when working well.
_Business They’re loosing more money on illicit cigarettes from Zimbabwe plus the Phala phala dollars
_Business I wonder where that money ends up cause we sure as hell don't see it in public service, clearly the ANC cadres and their friends are eating well
_Business Re kopa change aowa
_Business Well now I’m going to exempt myself from paying taxes just like EnochGodongwana excepted Eskom_SA and MYANC from corruption !!!
_Business Is not make sure...this is South Africa papa 2...what... Trillion rand?
_Business They could’ve collected more if they weren’t ignorant of the Phala Phala saga…
_Business Good thing they stated 'gross tax revenue' in this article bcz other newz papers are not mentioning that important word. Not sure why
_Business How many millions of refunds has SARS not paid out from Jan/Feb?
_Business Yes I feel my taxes going. No for government not to misuse the taxes
_Business And the poorest of the poor will still see no hospitals and basic service.
_Business No great achievement. The bulk of this money will be going towards this stupid,incompetent,thieving,bloated public service employees salaries. Nothing left to rebuild infrastructure or SOE's after these black power thugs destroyed it.
_Business They are milking us
_Business Viva more loot!
_Business But Tom Moyane crosse a Trillion in net revenue…. This gross collect is an exaggeration on the part of the commissioner … we are interested in net revenue… his percentages magi be are low compare to Tom moyane …
_Business
_Business Can SARS start taxing slay queens. Sesikhathele ukukhokha sodwa
_Business Atleast the tax collector knows his job on_behalf_of_SA_i_say_thank_you_4the_great_work.
_Business Yes. That's what happens when the working class gets crippled by taxes.
_Business Only to be stolen by the anc before next year's elections.
_Business What did the ANC build with the previous tax revenue?
_Business _screenshoter
_Business How is it positively going to affect an ordinary south African?
_Business Oh bawo wam, let’s hope Luthuli House comrades won’t see this. 🥲
_Business If the government departments we’re working together it should be more.
_Business 🙏🏾🙏🏾let’s celebrate this feast fellow ANC Cadres !! 🎉🎉🎊
_Business How is it going to be spent?
_Business Are they not ashamed
_Business And MYANC stole all of it! VoetsekANC AncIsCorrupt
_Business This collection will mean nothing if the money is not used for the benefit of the country. I shudder to think how the vultures must be circling SARS after that announcement.
_Business Hard worker this one
_Business There is huge improvement at SARS, gone are the dark days under Tom Moyane.
TshegoKgoedi_ _Business Rubbish ,are we praising these guys for sitting in the office and you paying up because ure afraid of going to jail
_Business Never had so much money to do so little. In terms of income vs how we use money. We are one of the worst performers in the world.
_Business SARS tax net collections; 2023-R1.7T 2022-R1.6T 2021-R1.3T 2020-R1.4T 2019-R1.3T 2018-R1.2T 2017-R1.1T 2016-R1.1T 2015-R987B 2014-R900B 2013-R814B 2012-R744B *Several Tax websites SARS will work whoever the commissioner is.
_Business MYANC here come a fat bonuses
_Business Yay...so much more to steal by MYANC
_Business So…now all we need to know is what % is allocated to line political pockets and what % is “considered” for measurable service delivery. Asking for a friend neh…
_Business What did we get in return?
_Business Congrats, ya'll can keep funding criminals while we die.
_Business Fraudsters of note
_Business Whos paying tax in SA. Its super ez to avoid thay lmao
_Business ANC comrades right now
_Business MYANC It's gonna be a party y'all!!
_Business Well done SARS, the cadres must be overjoyed!! Give them a bonus Kieswetter, your friends must eat!
_Business All that tax - and nothing to show for it. viva the corrupt.
_Business Others were giving takes breaks like during Munister Manuel there were lot of tax breaks nowadays ziltch tax is out of this world massive.
_Business But when they owe you…
_Business How much is SARS losing through Illicit Financial Outflows since Kieswetter took over?
_Business Cadres must be thrilled!
_Business Imagine if our PresidencyZA stopped the MYANC rats from stealing money
_Business Bcoz of these admin penalties that they are charging us now
_Business MYANC the reformed made in sarstax by the ruling part has been slow and steady but more is to come
_Business How does SARS reach this numbers on the unemployed?