SARS has exceeded the latest revenue collection estimate set in February’s budget by R38-billion. collected R1,250-trillion in the 2020 financial year. SARS Commissioner Edward Kieswetter said apart from the slightly improving economy, the renewed collection efforts by the revenue services must be acknowledged.
All major tax categories, including VAT, personal tax and corporate tax beat revenue towards the end of the financial year.
In other news – Actress Rami Chuene covers True Love magazine
Rami Chuene will be the face of TrueLove magazine for the month of April/May. The actress is April cover girl for the magazine and many of her fans are gushing over her beauty.
In the magazine, Rami opened up about taking a stand in an industry that punishes being bold and speaking out. Learn more