Finance Minister Enoch Godongwana says that South Africa’s tax-to-GDP ratio is the highest it has ever been, with taxpayers struggling under the worst tax burden on record. Godongwana laid out the numbers in the reply to a parliamentary question from African Transformation Movement (ATM) MP, Vuyolwethu Zungula, regarding the country’s tax measures. Specifically, Zungula questioned South Africa’s tax-to-GDP ratio, whether this was sustainable, and what the National Treasury intended to do to ensure stable tax collection over the next five years.
Sam Busa