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Home / Posts tagged “#EdwardKieswetter”

#EdwardKieswetter

Videos

Day 2 Highlights from the FSCA Industry Conference 2026

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Day 1 Highlights from the FSCA Industry Conference 2026

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Budget: Key changes for taxpayers and investors

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SARS warns rogue staff: resigning won’t save you

SARS has frozen the assets of former officials, signalling that employees who betray the institution will be held accountable – even after they leave.

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SARS exceeds R2 trillion as compliance, not commodities, drives revenue

Milestone caps Kieswetter’s tenure as a new commissioner prepares to take office from 1 May.

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SARS raids mark overdue escalation in illicit economy crackdown

Search-and-seizure operations targeting customs corruption mark a move from policy to enforcement, as SARS steps up efforts against illicit trade draining billions from the fiscus.

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VAT hike halted – but legal uncertainty keeps SA on fiscal edge

Tax specialist Louis Botha answers pressing questions about the suspended VAT increase and its broader implications for budget-making power and taxpayer rights.

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Budget 3.0 coming after court-backed VAT suspension and new Rates Bill

SARS tells vendors there is now no legal basis for them to charge consumers VAT of 15.5% from 1 May.

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Godongwana given 30 days to revise Budget after VAT reversal

The ANC and the DA present South Africans with different versions of what led to the decision to halt the increase.

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How SARS arrives at R800bn in uncollected tax

Commissioner Edward Kieswetter explains to Parliament why ‘between R700bn and R800bn is not an unreasonable amount’.

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South Africa already has wealth taxes, says Kieswetter

Almost half the revenue from personal taxes is derived from people who earn more than R1 million.

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SARS’s tax collection powers strengthened – will enforcement get tougher?

Taxpayers may struggle to challenge SARS’s authority to repatriate foreign assets after a High Court ruling upheld its powers, potentially paving the way for more assertive tax enforcement.

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SARS ramps up scrutiny as trust and provisional tax filings surge

With more tax returns submitted, SARS is intensifying efforts to ensure full compliance, particularly among trusts, using AI and data-driven enforcement.

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SARS anticipates up to R12bn from two-pot withdrawals

This is double the initial estimate of between R5bn and R6bn.

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Gross two-pot withdrawals top R43 billion

SARS highlights common errors that can lead to application rejections and warns against attempts to evade tax.

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R35bn withdrawn as SARS reports unprecedented two-pot system activity

Some 20% of applications for tax directives were rejected.

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SARS will tighten the compliance screws to hit R1.84 trillion tax target

The MTBPS shows tax revenue will be below the Budget estimates, but SARS is adamant it will do everything in its power to collect as much money as it can.

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Two-pot withdrawals: taxpayers who understate their income face penalties

SARS has processed more than 1.2 million tax directives for savings component withdrawals, paying out R21.4 billion to fund members.

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R4.1 billion in withdrawals: surge in two-pot claims highlights financial planning challenges

The introduction of the two-pot retirement system has triggered a wave of withdrawal applications, prompting concerns over tax liabilities and the need for improved financial education.

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Massive interest in two-pot withdrawals puts administrators to the test

As the two-pot system rolls out, fund administrators are receiving a wave of withdrawal claims, highlighting the financial squeeze many are feeling.

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Investment Rates

 

Updated 13 April 2026

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Money Market funds

Updated 13 April 2026

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COFI moves from policy to legislation
https://youtu.be/ldYdfy96aBw
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