sarslatest news & developments
Value for money: The Zondo Commission led by former Chief Justice Raymond Zondo has recovered more than R16 billion from irregular contracts.
Photo: GCIS

Rethinking the value of commissions

Any objective analysis must proceed from the premise that commissions of inquiry are not criminal courts. They neither prosecute nor sentence. Their constitutional purpose is to establish facts, identify systemic weaknesses and recommend structural changes

Finance Minister Enoch Godongwana. (GCIS)

Godongwana holds better budget cards but economic recovery remains inadequate

Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth

False claims: Contrary to popular narrative, President Cyril Ramaphosa is far from the indecisive leader he’s alleged to be, says the writer. Photo: GCIS

Ramaphosa no weak president

Bold and assertive Cyril debunks the myth of a weak and indecisive leader

Out of sync: There is a visible gap between the housing problems the government wants to solve and the
policies it puts in place. A tax that was never meant to be a barrier has become one. Photo: David Harrison

Transfer duties breaking SA’s property ladder

The transfer duty system is punishing those trying to enter or move through the market

Former Sars commissioner Oupa Magashula. File Photo

Former Sars commissioner Oupa Magashula dies after long illness

Magashula resigned in 2013 after an investigative report found that he had acted improperly during a recruitment process

Finance Minister Enoch Godongwana.

Godongwana forecasts better revenue, strikes optimist tone in medium term budget

The finance minister announced a lower inflation target of 3%, which the South African Reserve Bank has been pushing for

Block-chain can eliminate the need for expensive and time-consuming manual audits.

Blockchain-based financial reporting has potential to empower SMMEs

It can eliminate the need for expensive and time-consuming manual audits, creating verifiable financial histories automatically, with minimal cost.

Edward Kieswetter, commissioner of the South African Revenue Service.  (Waldo Swiegers/Bloomberg via Getty Images)

Sars collects R1.855 trillion in revenue, driven by personal income tax

And R447.7 billion was returned to taxpayers, says South African Revenue Service commissioner Edward Kieswetter

All asunder: The Economic Freedom Fighters led by Julius Malema is divided on how to respond to the budget proposed by Finance Minister Enoch Godongwana. (David Harrison)

EFF leaders split over national budget, VAT increase

Divisions in the party have emerged over VAT hikes, coalition negotiations, and fiscal policy strategies

Freedom to express fundamental rights versus administrative action by the South African Revenue Service exposes a fundamental link to communal interests and justice in a constitutional democracy. (Oupa Nkosi)

The high noon showdown between Sars and the Goldkid mafia case

Freedom to express fundamental rights versus administrative action by the South African Revenue Service exposes a fundamental link to communal interests and justice in a constitutional democracy

The commission launched a case in 2015 against 28 local and international banks, alleging they colluded to fix the dollar-rand exchange rate.

R60bn shortfall: How the treasury can rethink its economic strategy

The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation

Tax bracket over-inflation has led to income inequality and less money for essential services. Graphic: John McCann/Mail & Guardian

Tax Bracket Over-inflation: How the treasury is forfeiting R198bn a year

Tax bracket over-inflation has led to income inequality and less money for essential services

Forner ITB chairperson Jerome Ngwenya. Photo: Supplied

Ingonyama Trust Board opens criminal case against Jerome Ngwenya for theft

The ITB has also launched civil action to recover R30 million in funds allegedly stolen by the former chairperson and two others

Businessman Thoshan Panday. (File photo)

Thoshan Panday granted R100 000 bail in tax fraud matter

The Umhlanga-based businessman will appear in the Durban High Court on 15 February on corruption and tax-related charges

(Delwyn Verasamy/M&G)

Corporate taxpayers frustrated with Sars over delays, aggressive penalties

Half of the participants in the Taxing Times survey still find compliance with tax obligations difficult

Imported goods are subject to customs duties and a 15% VAT rate based on their value, which must be paid to Sars. (Oupa Nkosi)

All you need to know about Sars’ increase on customs duties for online clothing orders 

The adjustments will affect consumers and the South African fashion industry

Former president Jacob Zuma is likely not going to attend the office funeral of Pravin Gordhan. (Photo by Esa Alexander/The Times/Gallo Images/Getty Images)

Jacob Zuma not set to attend Pravin Gordhan’s funeral

The uMkhonto weSizwe party leadership is ‘not aware’ of any plan for Zuma to say goodbye to his former comrade

Lucky Montana, the Passenger Rail Agency of South Africa former chief executive (Photo by Luba Lesolle/Gallo Images via Getty Images)

SIU guns for former Prasa boss Lucky Montana over R3.5bn ‘corrupt’ rail tender

The Special Investigation Unit also has its sight on former finance deputy minister Sfiso Buthelezi, whose company allegedly received R110 million fraudulently

Former public enterprises minister Pravin Gordhan.

Pravin Gordhan set the benchmark for public service and dedication to the cause

Not everyone liked the late former public enterprises minister, but everyone respected him

“[Pravin Gordhan] was a highly skilled backroom operator who shied away from the spotlight” (Getty Images)

OBITUARY – Pravin Gordhan’s last warning: Democracy will not survive on its own

Gordhan’s last political act was to call for a ‘reset’ and a return to progressive politics