Trade Statistics for October 2022

SARS today releases trade statistics for October 2022 recording a preliminary trade balance deficit of R4.31 billion attributable to exports of R159.61 billion and imports of R163.92 billion.

SARS permanent Voluntary Disclosure Programme

The South African Revenue Service (SARS), in terms of the Tax Administration Act No. 28 of 2011, has made provision for the Voluntary Disclosure Programme (VDP) to be permanently available to a qualifying individual, company or trust that seeks to voluntarily disclose and regularise their tax affairs.

SARS settles labour dispute and reinstates former employees

SARS is pleased to announce that it has settled the labour dispute with and reinstated two former employees, Ms Hope Mashilo and Ms Tshebeletso Seremane with effect 1 September 2022. This marks a further milestone in reversing and repairing the adverse effects of the capture of SARS and its journey to rebuilding public confidence and trust. 

Media statement on the direct 7 year sentence for corrupt SARS officer

The South African Revenue Service has welcomed a 7 years direct prison sentence handed to one of our own, Mr Malatse Kolokoto by the Palm Ridge Magistrate Court after being found guilty of corruption. This stems from an incident in which the accused facilitated that a traveller leaves the country with goods without proper declaration. 

SARS welcomes the judgment of the High Court (Gauteng Provincial Division) on 11 November 2022

SARS has welcomed the judgment of the High Court to set aside the Report of the Public Protector on the “Investigation into Allegations of Maladministration, Corruption and Procurement Irregularities and Improper Conduct by the South African Revenue Service (SARS) in Connection with the Handling of a Tender for the Provision of Bespoke Software Development, Maintenance and Support Services for the Benefit of SARS for a period of 7 (seven) years”.