'Tax revolt may be imminent. We must unapologetically recapture the State'
We must unapologetically recapture our State… incalculable the damage that State Capture has caused… I’ve seen the culture of fear and intimidation at Sars…Edward Kieswetter, Commissioner - South African Revenue Service
A tax revolt may be imminent, warned Sars commissioner Edward Kieswetter on Monday.
Corruption and a lack of trust in the tax collector are leading to fraudulent tax avoidance, said Kieswetter.
When public trust wanes, as is the current case, then taxpayers feel morally justified to withhold or manipulate their taxesEdward Kieswetter, Commissioner - South African Revenue Service
Listen to the interview in the audio below.
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
The National Planning Commission held a webinar reflecting on some of the work contained in its economic progress review report which was released last month.Read More
The Act, among other things, prohibits donations to parties by foreign governments or agencies, foreign persons or entities, organs of state or state-owned enterprises.Read More
Entrepreneur Pavlo Phitidis has tips for business owners looking for a plan of action to tackle current uncertainty.Read More
There was ample reason for a cut says the Seeff group. 'We've missed an opportunity' laments its chairperson, Samuel Seeff.Read More
Yamama Gemmer prides itself on using the best-quality imported ginger. Now it's forced to source the spice from wherever it can.Read More
The SA Reserve Bank has announced the repo rate is unchanged at 3.5%. 'I would have cut!' declares economist Xhanti Payi.Read More
Why do consumers have to jump through so many hoops? Consumer ninja Wendy Knowler makes her case on The Money Show.Read More
The local company is planning to expand its global reach. Bruce Whitfield interviews Aerobotics CEO James Paterson.Read More
Joe Biden's been sworn in as 46th US president. Axios reporter Ursula Perano on what to expect from his first 100 days in office.Read More