In terms of section 25(7) of the Tax Administration Act, 2011, I, Edward Christian Kieswetter, Commissioner for the South African Revenue Service, hereby prescribe that the date on which an income tax return relating to a provisional taxpayer that is submitted on the SARS eFiling platform must be submitted in terms of paragraph 4(b)(iii) of Notice No. 741 published in Government Gazette No. 43495 on 3 July 2020, is extended to 15 February 2021.
South Africa’s Wealth Tax Debate
As South Africa grapples with a growing revenue shortfall, discussions around implementing a wealth tax have resurfaced, sparking renewed concerns among taxpayers, economists, and financial
