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: Greater focus on taking tax transparency and exchange of information to the next level
This past week witnessed the tax world focusing on taking tax transparency and exchange of information to the next level during the annual OECD Global Forum on Tax Transparency and Exchange of Information for Tax Purposes (Global Forum) 15th Plenary held in Seville, Spain from 9-11 November 2022.
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.
Statement and public apology to current SARS employees who were adversely affected by actions taken by SARS and certain third parties during 2014 – 2018
Statement and public apology to current SARS employees who were adversely affected by actions taken by SARS and certain third parties during 2014 – 2018.
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”.
SARS’ public apology to employees adversely affected by its action
Media statement and public apology to former SARS employees who were adversely affected by actions taken by SARS, and certain third parties, during 2014 – 2018.
SARS furthers International Tax Cooperation in Africa and among BRICS countries
The South African Revenue Service (SARS) participated in two multilateral meetings in the current week to cement international tax co-operation in Africa and among the BRICS Countries (Brazil, Russia, India, China and South Africa).
SARS and the dtic start distributing clothing and footwear to KZN flood victims living in shelters
The initiative whereby the South African Revenue Service (SARS) and the Department of Trade, Industry and Competition (the dtic) have joined forces with Business and Labour to donate tons of seized clothing, blankets, and footwear to flood victims in Kwa-Zulu Natal, has entered its second phase. This entails the donation of clothing and footwear to the flood victims.
