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.
Kieswetter said SARS has, since its formation, collected more than R17.8-trillion in tax revenue.
Access the full briefing here.
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Media Release: SARS Collects R1.564 trillion
In its 25th anniversary year, SARS is pleased to announce the preliminary tax revenue collection outcome after the second year of national COVID-19 lockdown regulations…https://t.co/Qv6R7ySKna#SARSRevenue#YourTaxMatters
— SA Revenue Service (@sarstax) April 1, 2022
