Many South African taxpayers might have had their hearts leap out of their chests when they received an SMS from the South African Revenue Service (SARS) on Tuesday.
This might not be the biggest news story of the week, but in a country with a notoriously ‘go-slow’ public works department, it’s sometimes good to see that even the great nations of the world also have their share of slapgatte.
In order to join the top 1% of the wealthiest South Africans, you need to make almost six times more than the average earner. But that doesn’t mean life is all rainbows and butterflies.
There’s nothing like a little “fiscal dumping” to get the taxpayers’ heart rates right up.
British taxpayers fund their royal family through the annual Sovereign Grant and Sovereign Grant Reserve.
King Goodwill Zwelithini has been granted a R1 billion upgrade of his royal kraal, and it looks like all the usual tricks are in play.
How much do you know about tax and the recent changes which have been made? It’s that time to brush up on a little finance knowledge.