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Tax revenue grows

South African Revenue Service

South African Revenue Service

Cape Town – Tax revenue grew by R68.5 billion in the last financial year – to total R742.6 billion – R3.9 billion more than forecast by the Minister of Finance Pravin Gordhan when he presented his 2012 Budget in February, the South African Revenue Service (Sars) said on Monday. [Read more…]

Pension backlog for vets down 97%

Pension Backlog

Pension Backlog

Cape Town – Deputy Minister of Finance, Nhlanhla Nene, today praised the National Treasury’s special pensions unit for reducing the backlog for pension applications of liberation veterans from 3 810 outstanding applications to 48 by last month. [Read more…]