Budget statement notes strong growth in revenue collection in 2022/2023
But fuel levy revenue is expected to be about R10bn lower at R79bn due to the R10.5bn fuel levy relief given during the first half of 2022/2023
22 February 2023 - 14:03
Revenue collection in the past year has remained strong, with total tax revenue R93.7bn higher than the estimate given in the 2022/2023 budget, according to the Budget Review, delivered on Wednesday afternoon.
Personal income tax collected in 2022/2023 is forecast at R601.6bn, up R13.7bn from the R597.9bn estimated at the time of the 2022/2023 budget...
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