SARS conducts raid at an unregistered warehouse
Members of the South African Revenue Service (SARS) and the South African Police Service (SAPS) conducted a raid on an unauthorised warehouse in Vryburg, North-West yesterday, 4 May 2023, confiscating millions of rands worth of illegally manufactured alcohol and bitcoin mining equipment.
SARS media statement – How SARS has changed tax compliance status reporting for transferring funds abroad
The South African Revenue Service (SARS) wishes to provide an update with respect to the matter of Tax Compliance Status. As the previous Tax Compliance Status (TCS) solution had been operational since April 2016 and processed substantial and growing volumes of taxpayers requesting 3rd party verification requests, including Foreign Investment Allowance and Emigration, there was need for an enhancement to the system to rationalise and speed it up.
Media statement on the impounded truck with illicit cigarettes
The law enforcement team comprising of South African Revenue Service, South African Police Service and the Tshwane Metro Police acting on a tip-off intercepted a truck carrying illicit cigarettes at Bronkhorstspruit on the early hours of Monday, 1 May 2023.
Trade Statistics for March 2023
South Africa recorded a preliminary trade balance surplus of R6.9 billion in March 2023. This surplus is attributable to exports of R192.2 billion and imports of R185.3 billion.
SA continues to reap the benefits of improved revenue collection
he South African Revenue Service (SARS) is pleased to announce its preliminary revenue collection results for the 2022/2023 financial year, which reflects a significant growth trajectory over the past few years.
Trade Statistics for February 2023
South Africa recorded a preliminary trade balance surplus of R16.1 billion in February 2023 attributable to exports of R154.3 billion and imports of R138.2 billion.
Mr Matamela Cyril Ramaphosa and the Public Officers for Ntaba Nyoni Estate and Ntaba Nyoni feedlot provide consent to SARS to make a public statement on their Tax Compliance Status
Mr Matamela Cyril Ramaphosa, Ntaba Nyoni Estate and Ntaba Nyoni Feedlot, SARS has received the consent of the Taxpayers in terms of section 69 (6) of the Tax Administration Act no 28 of 2011 (TAA), to make a public statement.
SARS response to PAIA request by Mr John Steenhuisen
SARS confirms that it has responded to the request by the leader of the Democratic Alliance, Mr John Steenhuisen, made in terms of section 18(1) of the Promotion of Access to Information Act (PAIA) regarding the declaration of a certain traveller.
Release of the 15th Annual Edition of Tax Statistics
National Treasury and the South African Revenue Service have published the 15th annual edition of the Tax Statistics. The 2022 edition provides an overview of tax revenue collections and tax return information for the 2018 to 2022 tax years, as well as the 2017/18 to 2021/22 fiscal years.
Trade Statistics for January 2023
SARS today releases trade statistics for January 2023 recording a preliminary trade balance deficit of R23.05 billion, with exports of R139.4bn and imports of R162.4bn.
