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Budget: SARS allocated R7. 5 billion to build capacity to collect more taxes

Summary by The South African
The South African Revenue Service (SARS) has committed to intensifying its debt collection efforts as part of a broader strategy to meet the newly announced revenue estimate of R1.986 trillion for the 2025/26 financial year, as outlined by Finance Minister Enoch Godongwana in his Budget Speech on Wednesday. In a statement released following the budget announcement, SARS acknowledged the fiscal challenges facing the country and reaffirmed its res…

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IOL broke the news in South Africa on Wednesday, May 21, 2025.
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