TAX
The South African Revenue Services (Sars) announced on Monday a R1.144-trillion preliminary outcome for revenue collection for the 20176/17 tax year. This means that Sars broke the trillion rand mark for the second year in a row, in gross terms standing at R1.367-trillion. Sars said this outcome was fractionally or only R300 000 above the revised estimate as announced in the 2017 Budget.
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