The insertion of digital tools into public administration may help expand the set of taxpayers, reduce costs, and improve tax performance.
At the time, chief director Edgar Sishi said that National Treasury is considering a number of new tax measures as government seeks to raise an additional R40 billion through hikes in the coming years.
Nearly half of the total annual figure of $88.6bn is accounted for by the export of commodities such as gold, diamonds and platinum, the report found.
In countries with low- or no tax, firms must have staff, premises, expenses and activities aligned with the company’s nature.
This will raise the budget deficit, largely bridged through borrowing, to 8.4 per cent from 7.5 per cent he had budgeted in June, according to the draft 2020 Budget Review and Outlook Paper.