The target for the South African Revenue Service (Sars) 2015 tax season is set at R1,1 trillion.
To achieve this ambitious undertaking Sars is going to target the tax evaders and fraudsters.
Mark Kingon, Group Executive for Escalation and Support at Sars, says their team is going to ensure that they minimize the tax gap.
We are targeting people who are abusing the system and committing fraud. That’s an ongoing thing. We are also going to be focused on the issue of people using transfer pricing and other mechanisms and taking funds offshore where the tax is not paid. We will also be looking at people who are not registered.— Mark Kingon, Group Executive for Escalation and Support at Sars
A promising start
According to the revenue's records over 30,000 taxpayers have submitted their returns via e-filing in the first day of the season, while 7,300 others have visited Sars branches and mobile tax units across the country.
Sars Commissioner Tom Moyane says that the high number of tax returns so far is more remarkable given the fact that the threshold for submitting income tax returns this year has increased from R250 000 in 2014 to R350 000 this year.
This means taxpayers whose annual salary is below R350 000 may be exempt from submitting their returns.
For more information on submitting a tax return visit the Sars website.
Listen to the full conversation on CapeTalk's Breakfast with Kieno Kammies: