A NATIONAL TREASURE.

This is how the Commissioner of the South African Revenue Service (SARS), Edward Kieswetter, described the organisation at a media briefing on Tuesday, 1 April.

Kieswetter announced during the briefing a preliminary gross revenue collection of some R2.3 trillion as at the end of March, representing a year-on-year growth of 6.9%.

Preliminary net revenue results totalled R1.855 trillion with refunds totalling some R447.7 billion.

“Net revenue of R1.8551 trillion is a growth of R114 billion higher, a growth of 6.6% against the prior year and exceeds the revised estimate by R8.8 billion. Which is, we believe in the current environment, a very credible outcome delivered by SARS,” he said.

Kieswetter emphasised that the results are due to the diligent work delivered by the revenue services’ 13 000 workers.
 

The Commissioner described the revenue service as a “national treasure” in making sure that South Africa’s democracy is funded. – Source: SAnews.gov.za