Lebelo on the collection of over one trillion revenue in the 2015/16 financial year
320 views · Published 26 September 2016 · 4:46 · Indexed 22 October 2026
Channel: SABC News · 2016 · News & Politics
Last Friday the South African Revenue Services-SARS issued a statement regarding the institution's collection of over R1-trillion revenue in 2015/16 financial year. The organisation says despite the country facing a decline in the GDP growth revenue collections in 2015/16, SARS outperformed the economy representing a growth of 8.5% from the 2014/15 fiscal year and increasing the estimated tax to GDP ratio from 25.8% in Budget 2015, to 26,3% as projected in Budget 2016. For more on this we are joined by Luther Lebelo Group Executive Employment Relations at SARS. For more news, visit: http://www.sabc.co.za/news
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