DStv Channel 403 Wednesday, 02 October 2024

WATCH | Blackouts take a toll on tax collection

 

JOHANNESBURG - The South African Revenue Service (SARS) is warning of reduced tax collection this year, mainly because of power cuts.

READ: SARS | Revenue collection increases in 2023

Businesses are frustrated by the rolling blackouts, and consumers have fallen on hard times because of the skyrocketing cost of living.

The revenue service says it's lost about R60bn due to blackouts.

Watch the full interview with SARS Commissioner Edward Kieswetter in the video above.

 

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