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SARS is quizzing South Africa’s richest on their investments, assets and lifestyles.

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In its 2021 budget, the government announced that the South African Revenue Service (SARS) would set up a specialised High Wealth Individuals’ unit, now commonly known as the HWI unit.

The sole purpose of the HWI unit is to provide the necessary attention and service to taxpayers with high levels of wealth, complex financial structures in place, and their associated compliance.
30 Jun 2022 4AM English South Africa Business News · Investing

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