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Monday, May 19, 2025

SARS has collected more than R1.5-trillion in tax this past financial year

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The South African Revenue Service (SARS) has collected more than R1.5-trillion in tax this past financial year.

SARS Commissioner, Edward Kieswetter says this is R17-billion more than initially forecasted in February.

Kieswetter late last week announced the preliminary figures for the tax year to the end of February.

He said a total of 35.5% of this total was personal income tax.

An amount of nearly R556-billion in personal income tax has been collected over the past financial year.

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Kieswetter said SARS has, since its formation, collected more than R17.8-trillion in tax revenue.

Audio Player

Access the full briefing here.

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