A bumper year for the taxman

21 September 2007 - 02:00
By unknown

The taxman collected R496billion in revenue in the year ended in March, exceeding the revised estimate by R6billion, said the annual report of the South African Revenue Service, tabled in Parliament yesterday. Finance Minister Trevor Manuel said that the service also had to contend with a rapidly growing taxpayer base. It grew by about 8percent last year. - I-Net Bridge

The taxman collected R496billion in revenue in the year ended in March, exceeding the revised estimate by R6billion, said the annual report of the South African Revenue Service, tabled in Parliament yesterday. Finance Minister Trevor Manuel said that the service also had to contend with a rapidly growing taxpayer base. It grew by about 8percent last year. - I-Net Bridge