Loading...
See More

Sars taxpayer figures misleading - union

Feb 24 2013 14:47 Sapa


Related Articles

Don't forget disabled taxpayers' rights

July deadline for tax advisers

Laws to protect taxpayers

Sars warns on penalties as deadline looms

Sars warns taxpayers of refund scam

New record for taxman

 

Johannesburg - South Africa has far fewer taxpayers than the SA Revenue Service (Sars) professes there to be, trade union Solidarity said on Sunday.

"According to Sars there are 13.7 million taxpayers in the 2012/13 tax year," Solidarity Research Institute (SRI) senior economics researcher Paul Joubert said in a statement.

"Actually only 3.3m taxpayers pay 99% of all income tax, while only 2.3m pay 93% and 1.5m are responsible for 84% of income tax," he said.

Joubert said there was a much larger imbalance between the number of people paying tax and the total population than was implied by Sars.

He said it was important to bear in mind that the people who paid income tax were also, to a large extent, responsible for paying other types of tax such as VAT, company tax, import tariffs and fuel levies.

Although 10.3m people were registered for income tax in the 2011/12 tax year, only around 4.8m were required to submit tax returns.

Joubert said 0.2m could immediately be subtracted from the 4.8m because they had no taxable income.

"Moreover, there were around 1.3m people who contributed only one percent of the total amount of income tax for the year."

An approximate 3.3m taxpayers then remained, who were responsible for paying approximately 99% of all income tax, he said.

The contribution to income tax of the next million taxpayers was only 5.9%.

"When this group of a million people is removed from the total, only 2.3m taxpayers remain, who were responsible for paying approximately 93% of all income tax.

"When this group of 2.3m taxpayers is reduced one last time, by excluding those who earned R150 000 to R200 000, only 1.5m taxpayers, responsible for paying around 84% of all income tax, remain," Joubert said.



Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

solidarity  |  sars  |  tax
NEXT ON FIN24X

Illegal MyCiti strike ends

2014-10-31 17:29

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
52 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

sponsored content
Sanral arrogant and evasive - JPSA 2014-09-04 09:13

Lawyers representing Justice Project SA have labelled responses they received from Sanral's legal team relating to e-tolls as surprisingly arrogant and evasive.

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...