JOHANNESBURG - The South African Revenue Service (SARS) has collected over R1-billion from taxpayers through its special voluntary disclosure programme.
The tax collector said it is very happy with the results of the programme.
SARS hopes that money will promote socio-economic development in the country.
Former Finance Minister Pravin Gordhan introduced the programme in 2016.
It gives non-compliant taxpayers a chance to voluntarily disclose offshore assets and income.
Taxpayers who missed the deadline for offshore tax relief can still do so under the normal Voluntary Disclosure Programme.