南非税务局将于2026年加强银行账户监管

Core Insights - The South African Revenue Service (SARS) plans to intensify its crackdown on tax non-compliance by 2026, with a focus on scrutinizing taxpayers' bank accounts as a primary enforcement tool [1] Tax Revenue Performance - In the 2024/25 fiscal year, SARS collected a record 2.303 trillion rand in taxes, with refunds amounting to 447.3 billion rand, reflecting an 8.1% year-on-year increase [1] - The growth in net personal income tax revenue is attributed to increased withholding taxes from sectors such as financial services, real estate, and business services, as well as higher-than-expected withdrawals under the two-bucket pension system [1] Compliance Enforcement - Despite improved fiscal revenue, SARS emphasizes that compliance enforcement remains a top priority, generating 304 billion rand from compliance initiatives in the 2024/25 fiscal year, a nearly 17% year-on-year increase [1] - Of this, 156.1 billion rand was collected through direct recovery, while 147.9 billion rand was aimed at preventing tax base erosion [1] Technological Integration - SARS is leveraging artificial intelligence, data science, and machine learning to effectively identify non-compliance by analyzing taxpayer transactions and banking data [1] - Under the Tax Administration Act, SARS has the authority to access bank and cryptocurrency information and can directly deduct amounts from accounts in cases of tax arrears [1] Future Outlook - Experts predict that bank account scrutiny will continue to be a significant tool for tax enforcement in 2026 [1]