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The R15 billion hole that should make taxpayers in South Africa worried | SA News

Staff Writer
 ·26 Feb 2026

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While Finance Minister Enoch Godongwana pointed to various tax measures that beat expectations in the past year, experts did not miss the R15 billion shortfall in SARS tax debt collections.

Delivering his 2026 Budget Speech on Wednesday (25 February), Godongwana pointed to an over-performance in several revenue streams.

This includes VAT, corporate income tax and dividends tax—all of which performed above expectations.

However, a major caveat to all the numbers…

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  1. Fun South African Fact: For nearly 50 years, there was a state of apartheid – white minority rule – in South Africa.