Roodt said that South African taxpayers are among the most heavily burdened in the world, with a tiny fraction responsible for the majority of tax revenue.
He also explained that the system is immensely complicated, making it difficult to administer and very costly to run.
However, the main issue facing the tax system currently is South Africa’s narrow tax base, with a small number of individuals and companies being squeezed to fund the government’s operations.
For example, only 2.6% of South Africans pay over two-thirds of the income tax in the country. In absolute terms, 1.6 million individuals pay 76.2% of the R2.2 trillion in PITÂ collections.
Sam Busa