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Finance Minister Godongwana relies on SARS to address budget shortfalls, allocating R7.5 billion to boost tax collection and combat illicit trade, aiming to raise R20–50 billion annually and avoid VAT hikes.
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If SARS fails to meet targets, tax experts warn a VAT increase in 2026 remains possible, with intensified tax enforcement and economic pressures expected to impact taxpayers.
Source: businesstech.co.za
