Gigaba 'Tax morality means a reduction in corruption'
Finance Minister Malusi Gigaba says South Africans must avoid being complacent, following economic growth of 2.5% in the second quarter.
Gigaba addressed the South African Institute of Tax Professionals’ Tax Indaba in Sandton on Monday.
The Tax Indaba is now the largest annual gathering bringing together the entire tax community.
The event is used to share New ideas and practices on tax development.
Gigaba says South Africa is one of the largest tax paying nations in the world which means South Africans finance their own budget.
The Finance Minister stressed the need for inclusive economic growth and for government to stop wasteful expenditure when it comes to the public purse.
"Tax Morality plays a significant role in the success of a country. Government recognises that tax morality is closely linked to the efficient use of resources and a reduction in corruption" says Gigaba.
He added that South Africans have celebrated the GDP performance of the second quarter, but this is not the time to become complacent.
"We need to grow our revenue base by growing our economy on a faster and more sustainable basis".
SARS commissioner Tom Moyane apologised for glitches in the system that have resulted in delays in refunds.
"We are truly apologetic for these glitches, the inconvenienced caused and impact on your work, making it impossible for us to interact with you. However I believe we have resolved a number of them and we continue to improve on our systems to make the tax administration process easier and more convenient" says Moyane.