The South African Revenue Service Sars has opened a formal channel with one of its largest corporate taxpayers part of a group that paid R600bn in 2024/25 as it seeks to rebuild credibility and stabilise the second-largest source of state revenue with more predictable, sector-by-sector collections.
Sars new large business forum LBF comes as the tax collection agency continues rebuilding after the state capture years almost killed the goose that laid the golden egg.
For finance minister Enoch Godongwana, rebuilding specialised engagement with large companies and multinationals could be the fastest way to stabilise receipts and reduce costly deficits.