Tax collection in 2023/24 comes in at R10bn more than expected
SARS rakes in more from personal income and VAT, but corporate tax slumps by almost 9%.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreSARS rakes in more from personal income and VAT, but corporate tax slumps by almost 9%.
The commissioner says the Revenue Service has put measures in place to meet the revised estimate for revenue collection.