The South African Revenue Service has been given a huge injection of R3-billion to improve its technology infrastructure and artificial intelligence capabilities.
The South African Revenue Service has published its very own Web browser, with support for Adobe Flash, to allow e-filing taxpapers to continue submitting their tax forms electronically.
South African cryptocurrency traders can expect a tightening tax net in the near future, with the revenue service paying close attention to crypto activity in the country.
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Finance minister Tito Mboweni has provided more details on the second set of measures that are aimed at assisting individuals and businesses through the Covid-19 pandemic.
“Everything is digital now. Going digital was only a discussion point for many businesses but now it’s the only reality.”
Telkom will fight the South African Revenue Service in the constitutional court after an adverse judgment handed down against it at the supreme court of appeal that could severely dent its cash flow.
The South African Revenue Service wants to harness the latest in artificial intelligence technology, self-learning computers and Big Data as it struggles to meet revenue-collection targets.