The taxman will focus on better tax compliance and a stronger administration in order to collect revenue over the next three years, after taxation rates were this week left largely unadjusted, says Sars commissioner Edward Kieswetter
Prioritising tax morality and administration, Sars boss puts structural measures in place, including AI, to ensure efficient collection
This comes after Finance Minister Tito Mboweni did not announce an increase in income taxes or VAT during his budget speech this week, contrary to expectations. “We were applying this system the wrong way around. We were punishing those who comply with their tax obligations and letting the criminals get away,” said Kieswetter.
Among these losses are 250 auditors, more than 100 specialists in transfer pricing and other technical fields employed in Sars’ large business centre, as well as 200 debt collectors.For example, a simple artificial intelligence model is being used to determine how many people own more than one property but have not declared it, so as to hide rental income.In its fight against the abuse of VAT repayments, Sars has targeted 600 entities.
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