Why SARS Has Struggled To Crack Down On Tax Non-Compliance Among High-Net-Worth Individuals
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Why SARS Has Struggled To Crack Down On Tax Non-Compliance Among High-Net-Worth Individuals
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With a growing tax gap and increasing global scrutiny, South Africa’s revenue authority is investing heavily in enforcement capacity, modern systems, and data-driven oversight. In this @KayaON959 interview, Jashwin Baijoo, Associate Director at Tax Consulting South Africa, explains the strategic and operational shifts that could redefine how high-net-worth individuals interact with SARS.
Key Topics:
00:31 – The shrinking tax base and scale of non-compliance
01:45 – Unpaid taxes and the R800 billion revenue gap
03:05 – SARS’s investment in AI, automation, and systemic upgrades
04:47 – Why some taxpayers opt out of voluntary compliance
06:15 – Balancing enforcement, wealth protection, and investor confidence
09:42 – The growing focus on tax advisors and planners
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#TaxCompliance #SARS #HighNetWorthIndividuals #WealthManagement #FinancialAdvisory #SouthAfrica #TaxStrategy #AIinTax #KayaBiz #TaxConsulting