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LSB2605 ASSIGNMENT 2 SEMESTER 2 - 2022
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LSB2605 ASSIGNMENT 2 SEMESTER 2 - 2022
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LSB2605 ASSIGNMENT 2SEMESTER 2 - 2022
DUE DATE: 05 SEPTEMBER 2022
, 2.1 It is the duty of the South African Revenue Services (SARS) to collect various taxes,
including income tax, and to ensure that taxpayers meet their compliance duties. What
are the three ways in which SARS enforces compliance?
Requiring taxpayers to make periodic tax payments, which payments may be made
either monthly (in the case of PAYE) or bi-annually (in the case of provisional tax).
Requiring taxpayers to file tax returns.
Imposing penalties for the non-payment of taxes and the failure to file returns
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