Cigarette, alcohol ban burnt a R12bn hole in Sars’ pocket

Although estimates of at least R10bn in lost taxes over the past four months had been reported so far, this figure did not include downstream taxes. Many were still to file their corporate tax returns and Kieswetter expected the overall effect to add another R2bn to the current estimate, bringing the total in lost revenue to at least R12bn.

Kieswetter said that during lockdown, there had been a proliferation of illegal activities that affected revenue collection. Even without the current pandemic, he said that illegal activities were estimated to result in a tax compromise of more than R100bn. This would increase significantly if deliberate tax evasion was included.

He also noted that it would take years to rebuild public confidence and trust in Sars, and that compliance levels were at a low of 65.1%,

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