SARS intends to find 300 000 companies for non-submission of their tax returns. More than 500 000 new companies were registered in the past financial year, of which the vast majority did not submit returns. With this effort, SARS aims to promote its income. Experts say it’s going to be an uphill battle for SARS..
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SARS financial position is in a state of total chaos due to corruption, now the entity is seeking tax evaders to restore the disastrous situation
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