SARS Announce Impressive Tax Revenue Collections

Written by on 1 April, 2021

By: Lindelani Mbatha

SARS Commissioner, Edward Kieswetter, says an improvement in tax compliance has helped to collect R38 billion more in tax revenue amid a difficult economic environment.

Kieswetter had been briefing media on the preliminary outcomes of revenue collected from April 2020 to March 2021.

The preliminary tax revenue result show that SARS collected R1.2 trillion which was offset by refunds of R290.9 billion for the period ending March 2022.

Kieswetter says there’s an improvement of 26.8% on compliance cash collected and a reduced revenue leakage through refunds.

 


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