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News & Press: SARS News & Tax Administration

Sars collected 9.6 per cent more tax

Friday, 05 April 2013   (0 Comments)
Posted by: SAIT Technical
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By SAPA (Moneywebtax)

Executive summary

Tax collections for the 2012/13 fiscal year amounted to R814.1bn, 9.6% higher than the R742.6bn collected during the preceding year. According to Minister Gordhan, SARS performed well given the current global economic environment and domestic supply side disruptions (such as the disruptions in the mining sector).

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