100 people responsible for 75% of all tax in South Africa

• The 100 financial directors at major corporations are responsible for collecting and transferring 70% to 80% of all state tax revenue in South Africa.
• The narrow tax base in South Africa is a concern, with 8.3 million income taxpayers and 1 million accounting for 62% of all personal income tax, while 26.5 million social grant beneficiaries are funded through tax revenue.
• The highly distributed fiscal system has raised concerns among economists that it is not sustainable, and spending on social development is expected to increase from R412.2 billion to R466.4 billion by 2028/29.