SARS Ramps Up Crackdown, Collects Over R300 Billion in Compliance Revenue
SARS collected R304 billion in compliance revenue in 2024/25, intensifying audits on high-net-worth individuals and crypto traders. Picture Credits: Nexia sab&t By Aisha Zardad South Africa – The South African Revenue Service (SARS) has reported a dramatic 16.7% increase in “compliance collection,” bringing in R304 billion by pursuing overdue taxes from taxpayers across the country. High-net-worth…