n Personal Finance Newsletter - SARS hunts down tardy taxpayers : tax

Volume 2006, Issue 306
  • ISSN :



Extracted from text ... Moneyweb's PERSONAL FINANCE May 2006 11 "Also if you call rating clout and cash, " he says. "This is business. ?? TAX SARS hunts down tardy taxpayers The South African Revenue Service is becoming increasingly aggressive when it comes to collecting what is owed. By DAVID CARTE DON'T mess with the South African Revenue Service (SARS), even if you owe them only R100. Last year the bloodhounds of SARS, who are under pressure to raise targets running to more than R400bn, issued 119 000 summonses to tardy taxpayers. Of these, 12 000 paid admissions of guilt, 6 600 were ..

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