Weak economy threatens Sars’s revenue target again
New commissioner highlights daunting task of turning around the tax agency
The SA Revenue Service (Sars) could miss its revenue target for the sixth consecutive year, commissioner Edward Kieswetter said, highlighting a weak economy and the daunting task he faces in turning around the tax agency.
While Sars will manage compliance activities strictly to meet the ambitious revenue target of R1.422-trillion for 2019/2020, Kieswetter admitted the battered economy would have an effect on collection.
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