SARS delivers R18 billion revenue surplus
The South African Revenue Service (SARS) welcomes the Medium-Term Budget Policy Statement (MTBPS) tabled in Parliament today by the Minister of Finance, Enoch Godongwana. The Minister revised the 2025 Budget net tax-revenue estimate from R1 985.6 billion to R2 005.3 billion.
SARS welcomes court ruling in landmark case against Sasfin Bank Limited
The South African Revenue Service (SARS) issued summons for R5.3 billion against Sasfin Bank Limited (Sasfin Bank) in the Gauteng Division of the High Court, Pretoria on 22 December 2023.
Trade Statistics for September 2025
South Africa recorded a preliminary trade balance surplus of R21.8 billion in September 2025. This surplus was attributable to exports of R186.4 billion and imports of R164.6 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
Media Statement on Roy Muleya’s sequestration
The South African Revenue Service (SARS) welcomes the judgment handed down on 29 October 2025 by the High Court of South Africa, North Gauteng (case no. 48495/2020). This decision came because of an application brought by SARS for the sequestration of Mr Roy Muleya.
South Africa’s exit from the FATF grey list
The South African Revenue Service (SARS) today welcomes the decision by the Financial Action Task Force (FATF) to delist South Africa from its “grey list” of jurisdictions under increased monitoring. This is a significant moment for our country and a testament to the whole of government approach and its institutions to restore the integrity of our financial system.
SARS welcomes judgment on Mr Lucky Montana
The South African Revenue Service (SARS) welcomes the favourable judgment handed down on 17 October 2025 by the High Court of South Africa, Gauteng (case no. 2023-047735). This decision came as a result of an application brought by SARS for the sequestration of Mr Tshepo Lucky Montana.
SARS urges non-provisional taxpayers to file their Income-Tax returns before 20 October deadline
The South African Revenue Service (SARS) reminds non-provisional taxpayers that the deadline to submit annual income-tax returns is 20 October 2025.
SARS: Narcotics bust operation
The SARS Durban Customs office conducted a collaborative intelligence operation led at the Durban Harbour in the early morning of 12 October 2025. The operation resulted in the seizure of 30 bricks of Suspected Narcotics that were in Reefer Refrigeration Unit of the vessel with the estimated street value of R 65 000 000.
SARS’s response to Mr Lucky Montana’s misleading public statements
SARS needs to state upfront that when this matter arose in 2011 Mr Tshepo Lucky Montana was not a political representative, and this matter can therefore never be about his politics or a political witch-hunt.
Public statement: Alleged claims by Mr L Montana MP as reported in Independent Newspapers on 7 October 2025
The South African Revenue Service (SARS) has noted media reports by Independent Newspapers today wherein it is alleged that Mr Lucky Montana MP has “charged” and “laid criminal charges” against SARS for supposedly “fraudulently doctoring a fake court judgment to justify a hefty tax bill”. Mr Montana further allegedly made public claims against SARS of “maladministration, abuse of power and a politically motivated witch hunt”.
