When the SARS commissioner cleared his office, he left unhappy staff behind. In surveys, most were classified as "detractors" - people who would not recommend working at SARS. The most unhappy were the group of executives and chief officers, the highest-ranking people at the revenue service. This was when former SARS boss Oupa Magashule resigned, not this week's exit on suspension by Tom Moyane. It also turns out that SARS has not been adequately assessing South Africa's super-wealthy because its data is outdated. It works on far fewer high-net-worth individuals than are tracked by New World Wealth, and there are only four dedicated auditors for a sector that should yield a higher take. Instead, SARS uses tax amnesties to get really rich people to come clean on wealth exports without taxation. And the customs processes at OR Tambo International Airport, Beit Bridge and Durban Harbour are so inefficient that the losses to the fiscus are apparent even to the untrained eye. While SARS ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.