Subscribe & Follow
Advertise your job vacancies
Jobs
- Project Lead Johannesburg
- Buyer Learnership Vereeniging
- QC Learnership Vereeniging
- Operations Manager Johannesburg
- Road Marker Mossel Bay
- Code 14 - Crane Licence George
- Electronic Workshop Technician Vereeniging
- Stores Manager Vaal
- Construction Operations Manager George
- Operations Manager - Engineering & Production Cape Town
Building sector "least compliant" in paying taxes
According to a report on Business Report, the South African Revenue Service has accused the construction sector of being the "least tax-compliant sector" in South Africa's economy with contractors owing it R4,7-billion and, of that, R2,6-billion relates to outstanding VAT.
According to the Business Report report, SARS commissioner Oupa Magashula says the industry had under-declared PAYE by 50% and corporate income tax by 61%. Magashula says that SARS will now target the construction companies to get its fair share of taxes.
Read the full article on www.iol.co.za/business.
![](/res/img/s.gif)