A revitalised Sars is cracking down on crooks and reaping the rewards of a return to efficiency — revenue hit R1.56-trillion for the just-finished fiscal year, writes ClaireBisseker.
Sars commissioner Edward Kieswetter was in a celebratory mood last week when announcing a 25% increase in net tax revenue on the previous year, a significant portion of which was due to restoring efficiency at the SA Revenue Service after the state capture damage.
In the fiscal year ending March 31, Sars collected a net R1.56-trillion, R314bn more than the previous year and 15% up on the pre-Covid 2019⁄2020 tax take...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Return of the taxmanA revitalised Sars is cracking down on crooks and reaping the rewards of a return to efficiency — revenue hit R1.56-trillion for the just-finished fiscal year, writes ClaireBisseker.
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Read more »