SARS collects R1.564 trillion in 2021/22

The South African Revenue Service (SARS) has releases its preliminary revenue outcome for 2021/22, which shows collections of R1.564 trillion. SARS says the figure represents a surplus of R314 billion against the prior year and has added that collections have been buoyant due to a strong economic recovery, boosted by elevated commodity prices. Business Day TV spoke to SARS Commissioner Edward Kieswetter for more detail.