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

The National Treasury first set the target at R1.425 trillion before Covid-19 impacted the economy in March last year.

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

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SARS will also reportedly be expanding specialised audit and investigative skills in the tax and customs areas.

This is a big step for the revenue service and SA as a whole.

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South Africa get R14.5 billion loan from Brics to help economy recover

South Africa will get a much-needed cash injection to the tune of R14.5 billion to help create jobs. Photo credit: GCIS/FlickrSource: UGC

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