SARS

Question 1

SARS

Answer 1

-South African Revenue Services

Question 2

SARS obligations

Answer 2

When you receive an income, tax is deducted therefore you must register with SARS

Question 3

Income tax

Answer 3

-The government’s main source of income. A tax levied on all income and profits received by a tax payer

Question 4

Tax threshold

Answer 4

The level of income at which you begin to pay tax

Question 5

Non-compliance

Answer 5

Not doing what youre supposed to do

Question 6

Tax dodging

Answer 6

Avoiding paying tax