Tax take may beat estimates by R200bn as revenue outperforms

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Tax take may beat estimates by R200bn as revenue outperforms
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Tax take may beat estimates by R200bn as revenue outperforms 🔒

With less than a month to go to budget day, the latest monthly figures from the Treasury suggest that government revenue could come in at as much as R200bn higher than the estimates of a year ago.

The budget deficit is expected to be significantly lower than Enoch Godongwana, the finance minister, projected in his November medium-term budget policy statement, thanks mainly to strong corporate income tax collections...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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