Refund reversal resolved
The South African Revenue Service (SARS) has noted the challenges with respect to refund reversal on some of the accounts of taxpayers. Since the beginning of the Filing Season, SARS has paid out in excess of R14 Billion to 1.5 million taxpayers. The information at SARS’ disposal indicate that 30 thousand taxpayers have witnessed reversal of their refunds.
SARS Media statement: Assassination attempt of Advocate Naude
The Commissioner for the South African Revenue Service (SARS) Mr Edward Kieswetter said that “he condemns in the strongest possible terms attempted assassination of Advocate Coreth Naude.
Media Statement: Commissioner Edward Kieswetter’s address on Filing Season 2024
The Commissioner for the South African Revenue Service (SARS), Mr Edward Kieswetter expresses, his sincere gratitude to all taxpayers who interacted with SARS over the past two weeks. This includes those who were part of the Individual Tax Filing Season 2024 that commenced yesterday, 15 July 2024 and will run until 21 October 2024 and 20 January 2025 for non-provisional and provisional taxpayers, respectively.
SARS welcomes Finance leadership
The Commissioner for the South African Revenue Service (SARS), Mr. Edward Kieswetter, warmly welcomes the reappointment of Mr. Enoch Godongwana, as the Minister of Finance and Dr David Masondo as the Deputy Minister of Finance, as well as the appointment of Mr. Ashor Sarupen as the second Deputy Minister of Finance.
World Customs Organisation re-elects SARS Commissioner by Acclamation
The highest decision-making body of the World Customs Organisation, the WCO Council, has re-elected SARS Commissioner Edward Kieswetter as the WCO Chairperson for a second term, 2024 – 2025.
SARS announces the start of the Filing Season for 2024 tax year
The South African Revenue Service (SARS) announces 15th July 2024 as the start of the Filing Season for provisional and non-provisional taxpayers who are required to file a tax return. Auto-assessments for an expanded pool of taxpayers will run from the 1st to the 14th July 2024.
Trade Statistics for May 2024
South Africa recorded a preliminary trade balance surplus of R20.1 billion in May 2024. This surplus was attributable to exports of R178.4 billion and imports of R158.3 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
Media statement on SHL Wholesalers Tax Case in Court
The South African Revenue Service (SARS) confirms that the Gauteng South Regional Division sentenced Suhayle Ballim, the sole member of SHL Wholesalers CC (SHL) to 15 years’ direct imprisonment for defrauding the organisation.
Trade Statistics for April 2024
South Africa recorded a preliminary trade balance surplus of R10.5 billion in April 2024 attributable to exports of R169.5 billion and imports of R159.1 billion.
Findings and recommendations of the Time Release Study conducted at the Oshoek port of entry between South Africa and eSwatini
The Customs Division of the South African Revenue Service (SARS) and the Eswatini Revenue Service (ERS) today made public the findings of a Time Release Study (TRS) on the flow of trade between Eswatini and South Africa at the Oshoek / Ngwenya border post that the two countries share.