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[LISTEN] When SARS Helps Themselves to Your Bank Account to Recover Outstanding Tax Debts

 

Faizel Patel – 15/07/2020

(Twitter: @FaizelPatel143)

A tax attorney at Tax Consulting South Africa the South African Revenue Services (SARS) is not taking any chance in trying to recover outstanding tax debts due to the  fiscus caused by the COVID-19 pandemic.

Jashwin Baijoo was speaking to Radio Islam on Tuesday about SARS being under collection pressure and growing fond of appointing third parties including banks, to recover outstanding tax debts it’s owed.

Baijoo says while this method is a quick and effective debt recovery measure, there are concerns about the legality of such appointments?

“When there’s a chance of tax non-compliance or by the very nature of the transaction itself, the taxpayer as well as the fiscus are not entirely sure of the stance. This is not certainly the time to test Sars as they’ve demonstrated that they are under very strong and competent leadership and they are determined to increase revenue collections by any means necessary.”

Baijoo says appointing third parties is not the only measures Sars has adopted to ensure strict revenue collections.

“They’ve really stepped up their game when it comes to any sort of collection measure including the attachment of movable and immovable properties. So the taxpayers vehicles, it could go to the extent of the taxpayers home. At this stage, they are not pulling any shots.”

Baijoo however says there are certain procedural requirements that Sars needs to follow, failing which there is recourse available for the taxpayer.

 

Listen to the interview with Jashwin Baijoo 

 

 

 

 

 

 

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