South Africa: SARS Records Historic R2.3 Trillion in Gross Revenue Collection

South Africa: SARS Records Historic R2.3 Trillion in Gross Revenue Collection

[SAnews.gov.za] The South African Revenue Service (SARS) has announced preliminary gross revenue collection of some R2.3 trillion as at the end of March, representing a year-on-year growth of 6.9%.

SARS announces record R2.3 trillion in gross revenue collection

The South African Revenue Service (SARS) has announced preliminary gross revenue collection of some R2.3 trillion as at the end of March, representing a year-on-year growth of 6.9%. The record collection was announced by the SARS Commissioner Edward Kieswetter who briefed the media on Tuesday. Preliminary net revenue results totalled R1.855 trillion with refunds totalling some R447.7 billion. ‘A very credible outcome’ “Net revenue of R1.8551 tri…

SA's tax take rises more than 6% to R1.855-trillion in 2024/25 fiscal year

South Africa collected a net R1.855-trillion of tax in the fiscal year that ended on March 31, more than 6% higher than the previous year, preliminary figures showed on Tuesday.

Personal income tax boosts SARS revenue collection to R1.855 trillion

The South African Revenue Service (SARS) collected N$1.855 trillion in tax revenue for the 2024-25 financial year, marking a 6.6% growth in net revenue from the previous year, driven by higher inflows from personal income tax. “The finance, community and wholesale sectors had robust gains, contributing to the 6.6% year-on-year growth in total revenue collections,” the tax agency said on Tuesday. “A recovery in consumer spending and a reduction i…

SARS’s enhanced compliance efforts add R301.5bn to revenue – Moonstone Information Refinery

Much like the relentless Terminator from the Arnold Schwarzenegger movies, non-compliant taxpayers on the South African Revenue Service’s radar have little chance of escape. So why not take a page from John Connor’s playbook and make SARS your ally – ensuring it won’t be back? That might not have been the exact message from SARS Commissioner Edward Kieswetter on Tuesday, when he presented the preliminary revenue results for the 2024/25 fiscal ye…

Editorial (ALN).-The National Integrated Customs and Tax Administration Service (Seniat) reported in March a collection of 75 billions 577 million 661 thousand 677 bolívares, equivalent to 1 billion 79 million 526 thousand 663 dollars, according to the rate of the Central Bank of Venezuela (BCV).In its Instagram account, the [...] The entry Seniat announces how much it collected: this is the amount was first published in ALnavío.