Trade Statistics for November 2025
South Africa recorded a preliminary trade balance surplus of R37.7 billion in November 2025. This surplus was attributable to exports of R188.0 billion and imports of R150.3 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
File Trust and Provisional Tax Returns by 19 January 2026
The South African Revenue Service (SARS) reminds all trustees and provisional taxpayers that the deadline for submitting both ITR12T trust and provisional tax returns is 19 January 2026.
Joint media statement: The Investigating Directorate Against Corruption (IDAC) and the South African Revenue Service (SARS)
The Investigating Directorate Against Corruption (IDAC) in collaboration with the South African Revenue Service (SARS), and other law enforcement agencies have secured six years direct prison sentence with two years suspended for Tshepo Khoza in a tax fraud matter involving approximately R3.6 million, linked to systemic corruption within state procurement processes.
Joint media statement National Treasury and the South African Revenue Service on the release of the 18th annual edition of Tax Statistics
National Treasury and the South African Revenue Service (SARS) have jointly published the 18th annual edition of the Tax Statistics bulletin. The 2025 edition reviews tax-revenue collection and tax-return information for the 2021 to 2024 tax years, as well as for the 2020/21 to 2024/25 fiscal years.
Collective engagement to exchange readily available information on immovable property
In recent years, tax policy developments have greatly enhanced cross-border exchanges of tax information and international cooperation between tax administrations, combating offshore tax non-compliance and tax secrecy on financial accounts. This includes delivering transparency through automatic exchange of financial assets (through the Common Reporting Standard) and crypto-assets (through the Crypto-Asset Reporting Framework).
SARS sets the record straight on jet fuel licensing allegations
The South African Revenue Service (SARS) notes the inaccurate article published on News24 titled “East London airport down to one day’s jet fuel amid SARS licensing crisis”. The article, viewed objectively, seeks to apportion blame to SARS for delays in licensing jet fuel storage facilities in Durban and East London.
Trade Statistics for October 2025
South Africa recorded a preliminary trade balance surplus of R15.6 billion in October 2025. This surplus was attributable to exports of R192.2 billion and imports of R176.6 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
SARS launches Large Business Forum to strengthen partnerships and drive compliance
The South African Revenue Service (SARS) has formally launched the Large Business Forum (Forum), bringing together some of the country’s key taxpayers from various sectors.
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.
