The original target of R1.21 trillion was exceeded by R38 billion by 31 March.

During the financial period, a total of R63 billion has been collected.

This total includes R12 billion from large businesses and R16 billion from provisional taxpayers.

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SARS has widened the tax base by 1.6 million newly-registered taxpayers.

This total is mostly a combination of pay-as-you-earn (PAYE), VAT and personal income tax.

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SARS Keeps tabs on SAns with money overseas

SARS will reportedly be focusing on R400 billion worth of offshore assets. Image: Waldo Swiegers/BloombergSource: Getty Images

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Source: Briefly News

Reeshni ChettyReeshni Chetty is a senior current affairs reporter.

Reeshni has a passion for breaking the stigma surrounding mental health issues.

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