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WHEN HIGHER TAXES BACKFIRE: ILLICIT TRADE THRIVES

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History of Taxation

Biblical Times

“Make an offering of ten percent, a tithe, of all the produce which grows in your fields year after year” Deuteronomy 14:22

In the Qur’an

“Know that whatever of a thing you acquire, a fifth of it is for Allah, for the messenger, for the near relative, and the orphans, the needy, and the wayfarer…(8:41)..one-fifth or 20%”

Roman Times

History records that, during the final death throes of the Empire, Emperor Galerius imposed a higher capitation tax (from the Latin word “caput” meaning “head”) on each person in the Empire.
Julius Caesar imposed a one-per-cent sales tax;
Augustus instituted an inheritance tax to provide retirement funds for the military

Back in the day, tax collection came in all forms

But payment of taxes was in one form or the other

Did You Know?

At the start of World War One in 1914, the standard rate of income tax in Britain was 6 per cent; by the end of the war in 1918 it was 30 per cent.

So, what has changed in the recent tax laws?
Especially in South African tax laws.

Here is what you need to know: Nowadays; taxes are paid literally on everything.

Yet the payment of each tax category has its own challenges and difficulties.

If it is not done right at first, history has proved that its costly on individuals and companies at the end.

The challenges and difficulties experienced by taxpayers when dealing with SARS are too many, different and circumstantial

The challenges and difficulties experienced by taxpayers when dealing with SARS are far too many, different and circumstantial.

However, there is always a recourse

enquire now