Better tax take raises budget hopes
Economists expect that the shortfall will come in at no more than R280bn, and possibly as low as R230bn, thanks to the economy bouncing back strongly in the third quarter of last year
24 January 2021 - 00:09
Tax collections are holding up much better than the National Treasury’s gloomy October projections, raising the prospect that the government’s revenue shortfall may be smaller than expected when finance minister Tito Mboweni tables the budget next month — and that a vaccine tax might not be needed, economists say...
This article is reserved for Sunday Times subscribers.
A subscription gives you full digital access to all Sunday Times content.
Already subscribed? Simply sign in below.
Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.