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SARS eFiling is the official online tax returns submission portal for the South African Revenue Service launched originally under a different name and business model in 2000 [1] by private sector companies. These private sector companies charged an average fee of R46 per transaction for this service.
Effectively, SARS manages, administers, and implements the tax regime as designed by the Minister and National Treasury. SARS was established in 1997 by a merger of the customs and inland revenue departments, at the recommendation of the Katz Commission, which had been instituted to review the South African tax system for the post-apartheid era.
Local government revenues come primarily from grants from central government funds and municipal rates. In the 2018/19 fiscal year SARS collected R 1 287.7 billion (equivalent to US$ 86.4 billion) [ 5 ] in tax revenue, a figure R71.2 billion (or 5.8%) more than that from the previous fiscal year.
The deadline to file taxes is fast approaching, but you don’t need to hit the panic button just yet.As you dig out last year’s records and sift through your W-2 and 1099 forms, you might be ...
Dateline – contains the release date and usually the originating city of the press release. If the date listed is after the date that the information was actually sent to the media, then the sender is requesting a news embargo. Introduction – first paragraph in a press release, that generally gives basic answers to the questions of who ...
The NFIB release says that small businesses expect a "repeat performance" of Trump's sub-2% first-term inflation — while hardly any economists expect those numbers amid plans for tariffs, tax ...
In 2017, a whistleblower notified the U.S. Securities and Exchange Commission and US Department of Justice, alleging possible violations of the Foreign Corrupt Practices Act in awarding of a R1 billion (2015) (equivalent to R1.17 billion or US$88.54 million in 2018) [6] contract to the Oracle Corporation by National Treasury in 2015.
The Biden administration is considering new rules that would require airlines to pay passengers for significant delays within a carrier’s control.