SARS collects R814bn in taxes

SARS collects R814bn in taxes

Pretoria – In what Finance Minister Pravin Gordhan today described as a “remarkable achievement”, the South African Revenue Service (SARS) exceeded its target when it collected more than R814 billion in taxes for the 2012/13 fiscal year. The figure is R4 billion...

Tax revenue grows

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...

SARS surpasses revenue collection target by R2bln

Pretoria – The South African Revenue Service (SARS) collected R647.2 billion in tax revenue – R2 billion more than what was targeted in the 2011 budget, Finance Minister Pravin Gordhan said on Friday. “Positive economic growth over successive quarters in...