{"id":47957,"date":"2013-10-21T13:12:04","date_gmt":"2013-10-21T11:12:04","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=47957"},"modified":"2013-10-22T09:49:11","modified_gmt":"2013-10-22T07:49:11","slug":"only-6-million-people-in-sa-pay-tax-sars","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/47957\/only-6-million-people-in-sa-pay-tax-sars\/","title":{"rendered":"Only 6 million people in SA pay tax"},"content":{"rendered":"

Of the more than 15 million individuals registered on the SA Revenue Service<\/a>‘s personal income tax register, just over six million paid into the fiscus, Sars said on Monday (21 October).<\/p>\n

Briefing the media in Cape Town at the launch of the 2013 Tax Statistics document, Sars head of revenue analysis Randall Carolissen<\/a> said there were 15.4 million individuals registered in the 2012\/13 fiscal year.<\/p>\n

“If you were to dis-aggregate that [figure] into active contributors to the fiscus, then roughly 6.1 million of those people contribute.<\/p>\n

“The other nine million, either they are not employed, or they are below the tax threshold,” he said.<\/p>\n

According to the document, during the 2012 tax year, “of the 5,881,019 taxpayers liable to submit returns, 5,108,207 (86.9%) have been assessed”.<\/p>\n

Of those assessed, 40.1% were registered in Gauteng, 27.5% were in the 33-to-44 age group, and 56.4% were male.<\/p>\n

“The assessed taxpayers had aggregated taxable income of R1.0 trillion and a tax liability of R206.7 billion.”<\/p>\n

This translated into an average tax rate of 20.2%.<\/p>\n

“Income from salaries, wages and remuneration, pension, overtime and annuities accounted for 79% of total taxable income.<\/p>\n

The largest allowance received by employed individuals (31.5% of the total allowances assessed) was the travel allowance – a total of R26.1 billion.<\/p>\n

“Medical aid paid on behalf of employees was the largest fringe benefit at R38 billion. This was 76.9% of the total fringe benefits assessed.<\/p>\n

Medical expenses and contributions to retirement funding constituted the largest deductions – R41.7 billion.<\/p>\n

Carolissen said although close to nine million individuals had earned less than the tax threshold, “they also contributed to collections, through consumption and other taxes, during the 2012\/13 fiscal year”.<\/p>\n

He said taxpayers with “simple tax affairs” and a taxable income below R120,000 were not required to submit a tax return to Sars during the 2012\/13 tax year.<\/p>\n

“The PAYE paid across by their employers constituted their final liability for the year.”
\nCarolissen said it was not only individuals in formal employment who were on the PIT register.<\/p>\n

“Individuals with other forms of income earned, such as interest or rent, are also required to be registered [for tax].”<\/p>\n

They were also included in the 15.4 million total figure, he said.<\/p>\n

More news on Sars<\/h3>\n

SARS increases revenue<\/strong><\/a><\/p>\n

Sars reveals 9.6% rise in tax revenue<\/strong><\/a><\/p>\n

Sars opens 2013 tax season<\/strong><\/a><\/p>\n

Customs goes digital<\/strong><\/a><\/p>\n

SARS Help-You-eFile service goes live<\/strong><\/a><\/p>\n

SARS unveils e-filing app<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Of the more than 15 million individuals registered on the SA Revenue Service’s personal income tax register, just over six million paid into the fiscus, Sars has said.<\/p>\n","protected":false},"author":4,"featured_media":47029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,3246,2887],"class_list":["post-47957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline","tag-sars","tag-tax"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/47957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=47957"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/47957\/revisions"}],"predecessor-version":[{"id":48027,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/47957\/revisions\/48027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/47029"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=47957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=47957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=47957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}