PwC’s Taxing Times 2025 Survey reveals shifting dynamics in South Africa’s tax landscape
South Africa’s corporate tax environment is undergoing a significant transformation. As the South African Revenue Service (SARS) accelerates its modernisation agenda and sharpens its enforcement posture, businesses are experiencing a dual reality: improved efficiency through digital platforms but also increased complexity and scrutiny in their interactions with the tax authority. In this context, SARS has welcomed the Medium-Term Budget Policy Statement (MTBPS) tabled in Parliament on 12 November 2025 by the Minister of Finance, Enoch Godongwana, which revises the 2025 Budget net tax-revenue estimate from R1 985.6 billion to R2 005.3 billion, underscoring the government’s commitment to fiscal resilience and enhanced revenue collection.