With new tax seasons on the horizon, it is important for South Africans to understand what the taxman has been up to and what they plan to change.
Making it easy for taxpayers and traders to comply with their obligationsDeveloping a high-performing, diverse, agile, engaged and evolved workforceModernising its systems to provide digital and streamlined online servicesWorking with and through stakeholders to improve the tax ecosystemOn top of using data to its advantage, the tax authority has taken a firm stance in the fight against non-compliance.
As indicated in the latter parts of 2022, the revenue service is not pulling its punches regarding tax obligations.
Despite this harsher stance, where non-compliance has been made harder and more costly, the revenue service has encouraged people to approach it and streamlined the systems used to file returns.to help taxpayers expedite compliance and regularise their tax affairs. By coming forward voluntarily, taxpayers can receive assistance and advice from SARS.
According to Andre Daniels, the legal manager for tax controversy and dispute resolution at Tax Consulting SA, the benefits of using the VDP far outweigh the consequences of SARS initiating enforcement action.
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