Sars has announced changes to this year’s filing process for income taxpayers while insisting that you must remain tax-compliant during this difficult time. persfinza
The South African African Revenue Service has announced changes to this year’s filing process for income taxpayers while insisting you must remain tax-compliant during this difficult time.
Sars has also had to prepare its core administration systems to administer all the tax relief measures announced by the government. He said Sars was expecting a massive decrease in revenue for this tax year. “While it is early days, our initial view is that revenue performance will be lower than the February Budget announcement by between 15% and 20%. This means that revenue under-recovery could move up to R285 billion.”
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