Khumbula Sibanda

Tax compliance manager, analyst @SARs

FinanceFinancial AnalystAccountantBusiness OwnerCompliance Officer🏦 Finance

In the past month, the company has seen a significant improvement in tax compliance across all sectors. This is largely due to the implementation of new tax software and the diligent efforts of our team. However, there are still a few areas, particularly in the small business sector, where compliance is lagging. We recommend focusing our efforts on educating these businesses about their tax obligations and the potential penalties for non-compliance. Additionally, we have identified a potential risk in our current tax audit procedures that could lead to inaccuracies in our reports. We are working on a solution and will provide an update in our next report.

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