Johannesburg – Data from Treasury shows the country is on track to collect more in the 2021 year to end-March than it had expected at the time of the Medium Term Budget in November.
The Bureau for Economic Research says tax revenue could me more than R132 billion than anticipated in November.
Analysts say it was thought that company tax payments would be lower as the commodity cycle eased.
However, they say companies continued with strong payments in the second half of the year.
