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South Africa collected a net 1.855 trillion rand ($101.02 billion) of tax in the fiscal year that ended on March 31, more than 6% higher than the previous year, preliminary figures showed on Tuesday.
South Africa has seen a surge in the number of millionaires paying taxes in the country, but even more are flying under the radar.
Efficient Group Chief Economist Dawie Roodt warns that South Africans are overtaxed and that the government is in for a harsh ...
16don MSN
South Africa faces a critical revenue collection crisis as a new National Treasury report reveals middle-class taxpayers have reached their financial limits. The report shows a 16% increase in ...
The South African government has proposed an increase in several taxes such as the Value Added Tax (VAT) and excise duties, as part of its fiscal strategy to generate additional revenue and ...
SA is seeing a surge in millionaires despite ongoing wealth migration, with over 500,000 high earners contributing to the tax base. Why?
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