An additional R3bn-plus in revenue was collected in 2021 as a result of Sars’s Voluntary Disclosure Programme. Moneyweb taxes
The recent call by the South African Revenue Service urging taxpayers to make use of the programme that allows them to voluntarily disclose any tax defaults could be a “warning shot across the bow”. This observation follows the announcement that Sars has started to auto-register taxpayers who are not on its tax register but should be.
It does appear as though Sars will be applying the VDP more “generously” by offering those taxpayers who are already in its sights, due to its access to third-party data, a window of opportunity to get their affairs in order, says Rossato. Auto-registration process Sars auto-registered more than 180 000 individual taxpayers between October and November based on the information it obtained from third-party data providers such as financial institutions, estate agents and medical aid schemes.
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