BURS tackles low tax compliance
Friday, July 05, 2024 | 310 Views |
Tightening the net: Makgolo says several interventions are being rolled out to improve compliance PIC: PHATSIMO KAPENG
The tax season kicked off this week, with the BURS urging all eligible taxpayers to file their returns for the year which ended on June 30.
However, poor compliance rates have dogged the individual tax filing period, with just 38,000 returns filed last year, from the 70,000 expected by the tax collector.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...