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Treasury expects significantly more tax to be raked in this year.

The SA Institute of Chartered Accountants (Saica) has warned of the danger of “heavy-handedness” by the SA Revenue Service (Sars) in its treatment of taxpayers as it prepares to ramp up revenue collection.

Sars has been allocated R7.5bn over the next three years — R4bn for debt recovery and R3.5bn for its modernisation programme — and the Treasury expects to collect an additional R20bn-R50bn per year from its debt collection efforts...

*This article was first published by Business Day News