Retirement fund contributions, medical aid claims, income protection policy contributions and taxpayers who submit revised returns for previous years will be given special attention by the SARS for tax season 2014.
The South African Revenue Service (Sars) aims to collect nearly R1trn during the 2014 to 2015 tax season, which began on Tuesday. At the same time, Tax revenue was expected to grow by 10.4% to R993.6bn, with R899.8bn collected last year, after refunds, Finance Minister Nhlanhla Nene told reporters in Pretoria.
The tax compliance system also given more priority in the next year by addressing punishment for any form of fraud, said Nene.
