Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

Sugar drinks industry concerned by audits as SARS tightens compliance among producers

The Star

|

June 11, 2025

THE sugary beverages industry in South Africa is bracing itself for potential impacts as the South African Revenue Service (SARS) intensifies its focus on compliance among manufacturers.

- YOGASHEN PILLAY

SARS is now targeting businesses involved in the manufacturing of sugary beverages, with the revenue collector saying manufacturers of sugary beverages must be registered as commercial manufacturers if they use more than 500kg of sugar in their manufacturing process.

Professionals from Shepstone & Wylie Attorneys, Erasmus Theron and Herman de Jong, on Tuesday said the government was facing a daunting tax deficit following the vacuum left by an unchanged sugar tax amidst rampant fiscal constraints.

They said that with an ambitious revenue target of R2.006 trillion set for the 2025/2026 tax period, the government has turned towards indirect taxes—specifically excise duties, fuel levies, and carbon taxes—as keystones to bridge the financial gap caused by proposals to increase the Value-Added Tax (VAT) rate.

FLERE HISTORIER FRA The Star

The Star

Reigniting the spirit of 2010: How Bafana Bafana’s qualification can unite a nation again

TWO weeks ago, Bafana Bafana made history.

time to read

4 mins

October 31, 2025

The Star

Mercedes-Benz: A million-km journey

WHO says a car can't run for more than a million kilometers on the clock?

time to read

1 mins

October 31, 2025

The Star

The Star

Alleged gunmen in AKA murder case drop extradition appeal from Eswatini

THE two alleged gunmen in the daring murder of award-winning South African rapper Kiernan ‘AKA’ Forbes and his friend Tebello “Tibz’ Motsoane are expected to return to SA after they abandoned the appeal against extradition.

time to read

1 min

October 31, 2025

The Star

Boks target breakdown and aerial battle to ground Brave Blossoms

THE Springboks have identified the aerial battle and breakdown as the two key areas they must dominate against Japan tomorrow to get their November Tests off to a strong start.

time to read

2 mins

October 31, 2025

The Star

The role of commercial banks and DFls in Southern Africa’s ral expansion

ACROSS southern Africa, thousands of kilometres of Cape gauge railway lines run through bustling cities, between green valleys, and alongside grassy savannahs.

time to read

4 mins

October 31, 2025

The Star

'Ladies heading to Durban for holiday': Details emerge around N3 crash

TRAFFIC authorities in the Free State have revealed that the minibus taxi involved in yesterday's deadly crash on the N3 between Van Reenens Pass and Montrose veered off its lane before colliding head-on with an oncoming truck.

time to read

1 mins

October 31, 2025

The Star

5 offshore investment myths South African investors need to stop believing

THE process of offshore investing seems intimidating to many people, but the reality is far less complex than it seems.

time to read

5 mins

October 31, 2025

The Star

South Africans who worked in UK may qualify for substantial pension payouts

THOUSANDS of South Africans who previously worked in the United Kingdom may be eligible for UK State Pension benefits worth millions of rands, but remain unaware of their entitlement.

time to read

2 mins

October 31, 2025

The Star

Restoring trust and safety in the Western Cape

WHEN Acting Police Minister Firoz Cachalia outlined his new plan to tackle gangsterism and extortion in the Western Cape in Parliament, he spoke to a truth every resident of the province already knows: the problem is not just crime; it is fear.

time to read

3 mins

October 31, 2025

The Star

The Star

Joburg traders say city's clean-up is destroying their livelihoods

FOREIGN national traders selling goods in the Johannesburg CBD have spoken out about alleged harassment and mistreatment by metro police, as well as by members of anti-migrant groups such as March and March and political parties including Operation Dudula and the Patriotic Alliance (PA).

time to read

3 mins

October 31, 2025

Listen

Translate

Share

-
+

Change font size