Efficient Group chief economist Dawie Roodt said that South Africans are now paying more tax than ever, with the tax-to-GDP ratio hitting 30% for the first time.
South Africa’s tax-to-GDP ratio increased from 20.2% in 1994 to 25.1% in 2024, which means the country’s tax burden is increasing.
Hitting 30% this year means the tax burden is significantly higher than it was just a few years ago.
Sam Busa