THE SA Revenue Service needs to set guidelines on how it will take money owed to it out of people's accounts, a tax specialist said yesterday.
THE SA Revenue Service needs to set guidelines on how it will take money owed to it out of people's accounts, a tax specialist said yesterday.
"Unfortunately, there is nothing in the Income Tax Act that regulates when Sars can do this: whether it is after the first, second or third notification that you owe tax. This is where the concern lies, said Ernst & Young tax director Vedika Andhee. - Sapa
Sars must set guidelines
THE SA Revenue Service needs to set guidelines on how it will take money owed to it out of people's accounts, a tax specialist said yesterday.
THE SA Revenue Service needs to set guidelines on how it will take money owed to it out of people's accounts, a tax specialist said yesterday.
"Unfortunately, there is nothing in the Income Tax Act that regulates when Sars can do this: whether it is after the first, second or third notification that you owe tax. This is where the concern lies, said Ernst & Young tax director Vedika Andhee. - Sapa