Business
How SARS Plans to Raise R20 Billion and Strengthen South Africa’s Financial Future

If you ask SARS Commissioner Edward Kieswetter what keeps him up at night, it’s probably the responsibility of helping fund 90% of the government’s budget. It’s a massive task, and one that the South African Revenue Service is approaching with bold strategy and sharp precision.
This year, SARS has set its sights on an ambitious target: raising at least R20 billion through a mix of smart innovation and relentless enforcement. And from the sound of it, they’re not leaving anything to chance.
Data is the New Auditor
SARS is leaning heavily into technology. This isn’t just another update to the filing system — it’s a full-on digital transformation. Think artificial intelligence and deep-dive data analytics that can spot tax evasion and underreporting like a hawk.
By tapping into third-party data, including payroll systems and bank records, SARS is automating assessments and tightening its grip on compliance. This means more accurate audits and fewer places to hide for those who’ve been avoiding their tax obligations.
Cracking Down on the Shadow Economy
Tax dodgers aren’t the only target. SARS is also turning its attention to the illicit economy — the underworld of smuggled tobacco, bootleg alcohol, and tampered fuel transactions. These industries bleed billions from the country each year, and SARS is stepping up enforcement to stop the leak.
Smuggling, counterfeiting, and black-market operations are under the microscope. Through stronger customs control and targeted crackdowns, SARS hopes to plug revenue losses and send a clear message: there’s no free ride anymore.
Widening the Net: The Push to Broaden the Tax Base
Another part of the puzzle? Bringing more people into the tax system. SARS is actively identifying and registering individuals and businesses who have been flying under the radar.
Small businesses and self-employed individuals — often hard to track — are now in the spotlight. SARS wants to ensure that everyone who earns a taxable income contributes, especially as the country grapples with tightening fiscal space.
A Word From the Commissioner
Commissioner Kieswetter’s message is one of both gratitude and resolve.
“To the compliant taxpayers and traders: thank you,” he said. “You are helping us build a nation that works for everyone.”
He also didn’t mince words about the weight of SARS’ role. With growing pressure on state resources and public services like health care and pensions hanging in the balance, there’s a renewed urgency to deliver results.
“We must do more to realise a better life for all South Africans,” he said, making it clear that this revenue drive isn’t just about numbers — it’s about national progress.
A Call for Fairness and Accountability
SARS’ strategy isn’t just about collection; it’s about building a culture of fairness, transparency, and shared responsibility. With AI helping enforce the rules, and new efforts to capture lost revenue from both the black market and previously untaxed individuals, the agency is resetting the tone for public finance.
For everyday citizens and businesses, the message is simple: pay your fair share and trust that your contribution is building something bigger.
{Source: IOL}
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