Dear taxpayer
While the South African economy grows by less than 1%, the taxes collected by the South African Revenue Service (SARS) have increased by more than 10% per annum compounded since 2019.
In 2025, following the failed 2% VAT increase attempt, SARS received an additional R7.5 billion budget allocation from Government to increase capacity. Since then, SARS has employed 1,500 additional staff and invested heavily in new technologies such as AI.
This has serious consequences for taxpayers.
- In its efforts to collect more taxes, SARS is conducting more tax audits.
- More audits lead to more incorrect and invalid tax assessments.
- Disputing a tax assessment is time-consuming, stressful, and costly.
- Even if you win your case against SARS, you’ll still be responsible for paying the costs of your professional tax advisors.
- Taxpayers have rights, but you need to know how to enforce them.
- Tax Risk Insurance offers a viable, cost-effective solution.
NEASA is hosting a webinar to introduce new Tax Risk Insurance, which offers protection against SARS tax audits and related disputes.
Taxpayers are urged to join this webinar to ensure they are informed of the latest trends, taxpayer rights and remedies, and how to get protected.
Your Keynote Speakers
Dr Daniel N Erasmus
BA, BProc, H. Dip Tax, Ph.D
International Tax Attorney, Advocate, Professor of Tax Law
Willem Lombaard
BA Comm, MBL
Managing Director, Tax Risk Underwriting Managers
| Date: 29 July 2026 Time: 15:00 to 16:30 Costs: Free Platform: Zoom |
Tax Risk Insurance is offered by FINANZ KONSULTANTE (an authorised FSP16282) and administered by Tax Risk Underwriting Managers Pty Ltd (an authorised FSP47676).
For more information
NEASA Media Department
media@neasa.co.za
