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It's easier for the SA Revenue Service (SARS) to get information about one's financial affairs than you might think – and it's unlikely that big spenders will be able to keep submitting tax returns that don't line up with their flamboyant lifestyles, a tax expert has warned. Compiled by Carin Smith.
12 Sep 2022
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Luxury goods audits: SARS can probe more easily than you think, and the cleanup is just starting
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"The problem is a lot of people are off the system, not filing any tax returns or their returns are total lies. Yet, they still want to live a particular lifestyle, buying expensive goods," says a tax expert.
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