Finance Minister Tito Mboweni says the tax revenue shortfall for the current financial year is projected at 300-billion rand and this can be attributed to the tax relief measures provided as a result of the Covid-19 and lockdown impact. Government forecasts an economic contraction of seven-point-two percent this year. Mboweni says the revenue shortfall also results from delays in tax collection of approximately 44-billion-rand…….

CLIP-MBOWENI

Guest: Arnaaz Camay – Member of the SAICA National Tax Committee and an Executive at ENS Africa Tax Department