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Taxpayers to voice concerns

Thursday, 02 April 2015   (0 Comments)
Posted by: Author: Ingé Lamprecht
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Author: Ingé Lamprecht (Moneyweb)

SAIT’s Klue shares plans to revive Taxpayer Movement SA.

It has never really been the preferred topic of conversation but in a matter of months, tax-related issues have grabbed the attention of many South Africans.

First, the South African Revenue Service (SARS) came under scrutiny following media reports of an alleged rogue unit that have reportedly used unlawful means to spy on taxpayers.

Suspensions followed and a number of executives have resigned since the reports first came to light.

Then, for the first time in many years, personal income tax increases were announced for most categories of taxpayers in the February budget. With economic growth dwindling, government has been under increasing pressure to collect taxes and tax policy has come under the spotlight.

And for the most part taxpayers have watched from a distance.

Although tax experts don’t believe that large-scale taxpayer revolt and non-compliance are likely, it seems many taxpayers are increasingly becoming unhappy about the wastage of taxpayer money.

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