The South African Revenue Service is desperate to extract as much money as possible from taxpayers, and the nefarious activities are in the taxman’s firing line.
Amid mounting pressure on tax collections and non-compliance, the entity is actively targeting taxpayers who fail to disclose their taxable income accurately.The taxman’s efforts have resulted in record tax collection figures, with collecting R2.155 trillion in tax revenue for the fiscal year ended March – R10 billion more than the Treasury had even predicted.
Danielle Luwes, tax director at Hobbs Sinclair Advisory, said the revenue office relies on personal information, AI and machine learning algorithms to identify and flag non-compliant taxpayers.SARS looks at flight activity and luxury purchases “The South African Revenue Service, under the leadership of Commissioner Kieswetter, is a world-class organisation.
Over the 2023/24 fiscal years, SARS was successful in 94 of the 110 cases that were handed down, an 84% litigation success rate.