South Africa Tax Service Asks Treasury for Funds, Bus. Day Says


The South African Revenue Service has asked Finance Minister Tito Mboweni for more funds over the next three years to build up its capabilities and invest in technology, Business Day reported.

SARS needs to fill 968 vacancies, 600 of which are critical, the Johannesburg-based newspaper reported, citing Commissioner Edward Kieswetter, who addressed lawmakers Wednesday.

The revenue service got 9.45 billion rand ($625 million) from the government in 2019, Business Day said.

A report into problems at SARS released in December stated that governance at the agency was “dismantled” under former Commissioner Tom Moyane. The damage was “incalculable and deep,” and…

To read the full article log in. To learn more about a subscription click here.



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *