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Governments should do more to unlock the potential of technology to facilitate tax compliance – PwC and World Bank report

05 December 2018 | Tax

Tax authorities could do more to realise the full potential of new technology to reduce the tax compliance burden on taxpayers, according to the 2019 edition of the annual Paying Taxes report, produced by PwC and the World Bank Group.

Behavioural economics can help revenue services drive tax compliance

28 November 2018 | Tax

An analysis issued today by PwC’s Strategy& economists suggests that revenue services can enhance corporate tax compliance by placing humans at the centre of taxation. This comes at a time when the tax administration in South Africa is under pressure to regain public trust and strengthen tax morality.

New VAT regulations for electronic services to take effect in April 2019

27 November 2018 | Tax

The National Treasury recently published an amended Regulation for electronic services, in line with the proposal by the Minister of Finance in Budget Review 2017, that the value added tax ("VAT") base for electronic services was to be expanded. The amended Regulation has an effective date of 1 April 2019. International suppliers of services to South African customers, must evaluate whether their supply of services qualify as electronic services, and whether this would create a liability to register for VAT in South Africa.

SARS ups tax collection through payroll audits

29 October 2018 | Tax

Despite the promising initiatives implemented under the South African Revenue Service’s (SARS) acting Commissioner Mark Kingon, its tribulations in meeting its collection targets have not yet waned, with payroll audits falling under its enhanced collection efforts to make up the shortfall.

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