Tax authorities are helping to track down former students who owe billions on their National Student Financial Aid Scheme (NSFAS) loans.
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This means that when former students are employed and start paying tax, it will be harder for them to dodge repaying loans.
On Friday, the South African Revenue Service (Sars) issued a notice allowing its officials to hand over certain taxpayer information to the NSFAS. This doesn’t mean handing over their tax records but it does allow Sars to provide information to help the NSFAS trace them.
It includes the taxpayers’ names and tax numbers; any identifying number which would include an ID number, addresses and contact details; and their employers’ names and contact details.
The new rule is effective immediately.
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