S.Africa: SARS is to fine 300,000 new companies for not submitting tax returns!

(005875.811-:E-000062.43:N-AC:R-SU:C-30:V)   

[SARS is our stupid, greedy, revenue service feeding our wasteful, incompetant govt. I am wondering if this large number of firms not submitting tax returns is due to them not making money? I don’t know how anyone can make money in South Africa unless you’re black or Jewish or a communist. Jan]

SARS intends to fine 300 000 companies for non submission of their tax returns.

More than 500 000 new companies were registered in the past financial year, of which the vast majority did not submit returns. With this effort, SARS aims to rejuvenate its income.

Experts say it’s going to be an uphill battle for SARS to restore the situation with the current chaos that prevails.

Read the original article in Afrikaans on Die Vryburger

Source: https://southafricatoday.net/south-africa-news/sars-to-fine-300-000-companies/



Jan‘s Advertisement
Jan‘s Videos about the Portuguese
Here is a list of most (but not all) of my videos about the Portuguese...


Jan‘s Advertisement
Video & Audio: An amazing lesson in Group Unity from a nasty WW2 Battle on the Eastern Front
In this video we look at a very strange and utterly nasty event that the German Army had to deal with in WW2 on the Eastern Front.


Jan‘s Advertisement
Video: Corona Virus: South African Lock Down: Jews give Black Government R2 billion
When President Ramaphosa announced the 3 week lockdown the other day, he then mentioned that the rich whites, who own the South African economy, namely, the Jewish Oppenheimers and the Rupert Family...
Skip to toolbar