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Sars announces preliminary outcome of revenue collections 2016/17

By Janice Roberts at New Media
3 April 2017 • 1 min read

For the second year in a row, SARS broke the Trillion Rand mark collecting, in gross terms, R1.367 trillion. The preliminary outcome for the 2016/17 financial year, net of refunds of R222.4 billion, is therefore R1.144 trillion.  This outcome is fractionally (only R300 000) above the revised estimate as announced in the 2017 Budget. (more…)


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