Taxman targets R1.2tn

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July 5, 2017
Taxman targets R1.2tn

CREDIT: Independent Media

Tax season is officially open, and SARS is taking aim at you.

Sars said yesterday its revenue collection target for 2017 is a massive R1.2 trillion.

Sars Commissioner Tom Moyane, together with Finance Minister Malusi Gigaba, officially launched the 2017 tax season at a Sars branch in Orlando East in Soweto on Monday.

Sars has, for the last two years, broken the trillion rand mark when the preliminary outcome for the 2016/17 financial year was R1.1 trillion. 

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