SARS’ High Wealth Unit Weaponizing Requests for Relevant Material Against Provisional Taxpayers

In the world of tax, High Wealth Individuals (HWIs) are known for accruing their wealth through navigation of complex, multi-layered investment structures, both locally and offshore. This results in these affluent individuals having to regularly traverse intricate regulations and calculations to ensure compliance. However, recent developments indicate that the collection focus on HWIs is intensifying, with SARS employing advanced technology to streamline audits and bolster efficiency.

Jashwin Baijoo

Head of Strategic Engagement & Compliance

Michelle Phillips

Tax Attorney