SARS’ debt collection drive starts early in fear of revenue collection deficit
31 March 2024 will see the end of SARS’ 2023/24 financial year. During his budget speech on 21 February 2024, Finance Minister, Mr Enoch Godongwana, attributed the deterioration of tax
revenue collection for the 2023/24 financial year to the weak economic performance. As it stands, the tax revenue collection stands at R1.73 trillion, R56.1 billion lower than the amount
estimated in the 2023 budget.