DStv Channel 403 Wednesday, 02 October 2024

Discussion | Understanding tax compliance

JOHANNESBURG - Renowned TV producer Duma ka Ndlovu has been charged with tax evasion.

But, he's not the only one dodging the taxman, SARS is owed hundreds of billions of rands.

That's mainly from around 2,000 companies.

But, over a thousand individuals owe around R10-million each.

This was revealed by Finance Minister Enoch Godongwana in Parliament recently.

We find out the difference between tax evasion and avoidance from SA Institute of Taxation CEO, Keith Engel.

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