For those of you who don't believe it's possible to get blood out of a stone, your friendly taxman has a plan...
Not only has SARS proudly announced that
tax collection has increased, but to cheer us all up, the government department we all love is going to
tighten its tax collection laws. Apparently the aim is to target wealthy individuals who SARS reckons are costing the country millions of rands every year through tax evasion.
Still on the finance front, Amy Johnson shows you
four ways to keep up with payroll and tax law so you don't fall foul of the above-mentioned.
About your mobile phone... Fred Mitchell writes that while the only thing men will boast about as having the smallest has revolutionised the way we work and communicate, it has also become a new avenue for cybercriminals to relieve you of your cash before the taxman does. So beware...
viruses are now also infecting mobile devices.
On a much happier note, for those few remaining with money to spare after a round of price increases, our tame motoring editor, Henrie Geyser, has just the vehicle to which you can attach your e-tag. It's the new Mercedes B-Class, which Henrie gives an A for being
cute, cool, and connected - rather like Henrie himself, then.
Rod Baker, general manager: content
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KECSKEMET: German automaker Daimler opened its first Mercedes-Benz factory in eastern Europe here Thursday (29 March 2012), a rare sign of foreign investor confidence in a country at odds with the European Union. 
The Citizen says that it is not uncommon for some luxury vehicles in South Africa to have almost half of the price paid go to government's tax coffers. Vehicles manufactured locally are perceived as more expensive in South Africa than when those same vehicles are exported and sold in international markets. 
The minimum wage model being applied to clothing and textile workers is out of step with the realities of the industry and Business Day reports that this is the main reason why few of the companies are complying with its requirements. 
The South African Revenue Service has vowed to enhance its tax collection laws in a renewed bid to target wealthy individuals who are said to be costing the country millions of rands every year through tax evasion. 
Government has once again exceeded its revenue collection target for the financial year that ended on March 31, indicating an improved performance by the South African Revenue Service (SARS). 
President Jacob Zuma has invited BRICs countries at the bloc's summit in New Delhi to explore the investment opportunities that exist in South Africa's infrastructure development projects. 
