Will Government collect enough taxes to reach its target?

19 October 2015 6:49 PM

Will Government collect enough taxes to make its targets?

The Money Show’s Bruce Whitfield interviewed Alex Gwala, Partner for Business Tax at Deloitte.

Gwala discusses whether or not tax collections for the 2016 fiscal year will come in on target or, if not, by how much he expects it to deviate.

This comes ahead of Finance Minister Nhlanhla Nene’s Mid-Term Budget Policy Review this coming Wednesday (21 October 2015).

Scroll down for quotes from the audio below.

There is room for the Minister to increase taxes. But he won’t make the announcement on Wednesday.
— Alex Gwala, Deloitte

I expect the Minister to revise his tax collections target based on the weak economy.
— Alex Gwala, Deloitte

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