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South Africa heading for a tax shock | SA News

Malcolm Libera
 ·2 Feb 2026

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South Africa is heading for a potential tax shock as its already narrow tax base is concentrated among older individuals and a small group of high-earning taxpayers.

This, while millions of younger citizens remain unemployed or earn too little to make a meaningful contribution to the fiscus.

New data from the South African Revenue Service (SARS) highlighted a growing demographic risk for the country’s public finances.

In the 2024/25 financial year, around 1.7 million…

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