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Tuesday, November 26, 2024

SARS collects close to R50-billion in overdue taxes

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The South African Revenue Service has, over the past year, managed to collect close to R50-billion in overdue taxes from individuals and companies.

SARS Commissioner Edward Kieswetter says though the majority of taxpayers do pay their taxes diligently, many others try to dodge their tax obligations.

Kieswetter says SARS also managed to avoid paying R30-billion in fraudulent tax refunds in the past financial year.

Access the full briefing here.

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