National treasure For modernization, South Africa hopes to improve the R3 billion and income collection for the South African income service.
On Wednesday, the Minister of Finance of Finance Enoch Godongwana, SARS, said that this amount will receive a total of R7.5 billion in the number of R3.5 billion R3.5 billion.
Additional money will be partially used to purchase digital tools that will help collect taxes.
“For modernization, this investment must facilitate the increase in digital raising, automation and compliance efforts in the services and compliance efforts,” said the national treasury in budget reviews.
The treasury stressed the growing importance of the growing importance of the maximization of SARS to maximize the income collection of SARS, noting that previous digital projects are increasing in SARS.
Before SARS, the 2023 adjustment budget received an additional division of R1 billion to increase tax collection abilities. In the 2024 budget, every year 2024/2025 and 2025/2026 also allocated an additional R1 billion for the same purpose for the same purpose.
Information analytics
The statement on the average budget policy last October 202/2027 for 2026/2027 R1.5 billion R1.5 billion to R1.5 billion and 2027/2028, “strengthens opportunities to support capital projects and increase income.”
In addition to digital projects, SARS, SARS, has been allocated to bring the skills required by the modernized income.
Read: South Africa cuts luxury tax on major smartphones
“The Committee recommends that 2,338 R1.5 billion Rabriklo is allocated to support the recruitment of additional sources. SARS is important to improve the delivery of services in tax administration,” said Treasury, “said Treasury, the Treasury said in a budget review published on Wednesday. – © 2025 Newscentral Media
Get news from TechCentral in WhatsApp. Register here.
Crypto tax evasion? Sars are watching