SARS reports revised 2026/27 revenue estimate of R2.144 trillion
South Africa’s Revenue Service reported that the finance minister’s revised revenue estimate for fiscal 2026/27 is R2.144 trillion, compared with R2.127 trillion in the February budget.
Event / data period: 2026-10-21
Published: · Updated:
South Africa’s Revenue Service reported that the finance minister’s revised revenue estimate for fiscal 2026/27 is R2.144 trillion, compared with R2.127 trillion in the February budget. In a statement issued on 21 October, SARS said the revision adds R17.1 billion. It came despite a reduction in the 2026 real GDP growth forecast from 1.6% to 1.2%.
Net revenue through 30 September, the first half of the fiscal year, was R992.2 billion, comprising R1.231 trillion in gross collections and R239.1 billion in refunds. SARS said the result was R15.5 billion, or 1.6%, above the budget estimate and R67.4 billion, or 7.3%, above the same period a year earlier.
Data
SARS reports revised 2026/27 revenue estimate of R2.144 trillion
- · Occurred
SARS reports revised 2026/27 revenue estimate of R2.144 trillion
South Africa’s Revenue Service reported that the finance minister’s revised revenue estimate for fiscal 2026/27 is R2.144 trillion, compared with R2.127 trillion in the February budget. In a statement issued on 21 October, SARS said the revision adds R17.1 billion. It came despite a reduction in the 2026 real GDP growth forecast from 1.6% to 1.2%.
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- Government budgetSuggested
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- South Africa · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
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