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Election Day


Tax institute urges SARS to address corruption

# The South African Institute of Taxation is calling on SARS to address corruption, emphasising the importance of combating fraudulent activities. This comes as SARS announced exceeding its provisional revenue target by nearly 10-billion-rand, which is considered good news for the country. The gross tax revenue collected for the 2023-2024 financial year reached 2.15-trillion-rand, with net revenue at 1.74-trillion-rand after refunds. However, the institute’s CEO Professor Keith Engel, noted the challenges in prosecuting corrupt individuals and stressed the need for continued efforts in fighting corruption effectively.