12m people on SA tax register
Sars on Wednesday said corporate tax compliance was at an all time low of just 28 percent.
CAPE TOWN - The South African Revenue Service (Sars) on Wednesday said had the 2008 global recession not happened, it would have collected an extra R255 billion from taxpayers.
The service presented an overview of its 2011 tax statistics to Parliament's Standing Committee on Finance.
There are now 12 million people on the tax register in South Africa.
But Sars Commissioner Oupa Magashula said corporate tax compliance was at an all time low of just 28 percent.
"Individuals in this country are far more compliant than companies."
Sars managed to collect an additional R2 billion in the 2010/11 financial year.