Johannesburg, 31 October 2023 - The South African Institute of Chartered Accountants (SAICA) says that South Africa does not have a revenue problem, it has an expenditure problem. Somaya Khaki, Project Director: Tax Operations and Administrative Advocacy at SAICA explains why, despite this, there is growing pressure on SARS to increase collections from the current taxpayer base.

Johannesburg, 31 October 2023 - Under the global development goals agreed to in 2015, government has pledged to provide access to clean water and sanitation for all by 2030. Speaking on behalf of the South African Institute of Chartered Accountants (SACA), Piet Nel, Project Director for Tax Professional Development at SAICA, explains that in SAICA’s view, the biggest obstacle to achieving these goals is a lack of accountability and the enforcement of consequences for management, for which there seems to be very little political will.

Johannesburg, 31 October 2023 – On 1 November 2023, the Medium Term Budget Policy Statement for 2023 will be presented to Parliament. So, what is the Medium Term Budget Policy Statement (MTBPS) or as it is commonly known, the “Mini Budget”?