Many South Africans are finding it increasingly difficult to keep up with debt payments.
SARS is coming after taxpayers more aggressively this year, say experts.
The South African Revenue Services (SARS) has announced the start dates and details for the 2022 tax season, with the tax authority warning of penalties for South Africans who failt to submit timeously.
The government will ultimately need to collect additional taxes to fund its new National Health Insurance scheme, says health deputy director-general Nicholas Crisp.
South Africa’s economy is back at the size it was before the coronavirus pandemic struck, following quicker than anticipated growth in the first quarter.
The South African Revenue Services (SARS) has confirmed the filing dates for the 2023 tax season.
South Africa is seeing a strong push from retailers into online shopping and same-day delivery space, with the likes of Woolworths, Pick n Pay and Checkers looking to capture a slice of this growing segment.
The Centre for Development and Enterprise (CDE) has warned that not enough research has been done into the effect of a Basic Income Grant (BIG) and how it will impact the country's tax base.
Over the past few months, South African consumers have been hit by steep price increases that have dramatically affected their quality of life.
As South Africans grapple with the rising cost of inflation and increased cost of living, there has been a growing debate on whether the country should consider higher denominations of coins and notes.
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