Resistance to paying tax

Despite the negative perceptions of auditors following the KPMG blow out, the Institute of Chartered Accountants (SAICA) is the professional body that I respect most (I am governed by three - auditing, SAICA and engineering). They recently published an article by Bowman Gilfillan on the growing trend towards resistance to paying taxes - follow the link, go to Current Issue and click on Article 2642. If you feel the way I do, you'll enjoy reading it, so I decided to share it with you.

They mentioned "Civil disobedience". We've seen that working against e-tolls, so we know that South Africans can pull together when they are really disgusted by something. I'm not encouraging you to commit tax evasion, but delaying the submission of returns (albeit with a 10% penalty) is not illegal.

The problem, of course, is that we could be shooting ourselves in the foot as falling tax revenues could further collapse the economy rather than reform the ANC. Me? I'm all for it!

Memberships

South African Institute of Chartered Accountants. Designation CA(SA)  Internationally Accredited Financial MediatorsIndependent Regulatory Board for Auditors. Designation RA<Engineering Council of South Africa. Designation Pr(Eng) Member of MENSA, the High IQ Society

 

 

 

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