14 February 2017 – Non-Executive Directors of Companies must register for VAT
Pretoria, Tuesday 14 February 2017 – The South African Revenue Service (SARS) has confirmed the interpretation of the VAT law that requires non-executive directors (NEDs) of companies to register for and charge VAT in respect of any directors fees earned for services rendered as a non-executive director. Two binding general rulings – BGR Nos 40 and 41 were […]
16 February 2017 – SARS warns of new job scams
Pretoria, 16 February, 2017 – The South African Revenue Service (SARS) would like to warn job seekers to be vigilant of exploitation through fraudulent employment offers. SARS has noted a SARS-branded e-mail that is being circulated which confirms acceptance of the recipient into a bogus “SARS Learnership Programme”. The prospective applicant is then instructed to make […]
18 February 2017 – SARS customs makes biggest cocaine bust yet
Pretoria, 18 February 2017 – 271kg of cocaine worth R78 million confiscated at ORTIA SARS Customs officials earlier today confiscated 271kg of cocaine with an estimated street value of R78 million at the Oliver Tambo International Airport. It marks the biggest ever cocaine bust by Customs officials in South Africa. The narcotics, en route from Sao […]
24 February 2017 – Post-budget speech on revenue collections
Pretoria – Friday, 24 February 2017 – SARS has noted media reports, especially in the Business Day of 24 February 2017. We find it extremely regrettable that the Minister of Finance elects to attribute the announced tax proposals to fill the Revenue gap of R30bn to the performance of the SARS administration. In fact, such utterances […]
26 February 2017 – SARS busts 100kg crystal meth worth R30-million
Pretoria, Sunday 26 February 2017 – SARS Customs officials and detector dogs intercepted 100kg of Crystal Meth with an estimated value of R30-million at OR Tambo International Airport on Friday. The shipment originated in Cameroon via Istanbul on a flight from Turkey to Johannesburg. The cargo found at the transit shed was loose dried fish and […]
27 February 2017 – SARS to exchange tax information with over 50 jurisdictions
PRETORIA, Monday 27 February 2017 – The South African Revenue Service (SARS) has committed to the automatic exchange of tax information with the revenue authorities of over 50 other jurisdictions under the Organisation for Economic Co-operation & Development (OECD) Common Reporting Standard (CRS) by September 2017. The number of committed jurisdictions will grow to over 100 […]
01 March 2017 – SARS wins big at the PanSALB Language Awards
Pretoria, 01 March 2017 – The South African Revenue Service scooped the major prize in the Government/Public Sector Category for the promotion of multilingualism last night at the Annual Pan South African Language Board (PanSALB) Awards. The award was jointly shared with the Department of Sport and Recreation. The prize is South Africa’s premier acknowledgement for […]
2 March 2017 – SARS Customs bust – 16.8kg gold bars worth R8-million
Pretoria, Wednesday 2 March 2017 – SARS Customs officials intercepted a male passenger in possession of 16.8kg of gold bars with an estimated value of R8-million at OR Tambo International Airport on Monday, 27 February 2017. The passenger was in transit from Maputo, Mozambique to Dubai. Upon inspection of the passenger’s travel documents, Customs officials noted […]
10 March 2017 – Response to Judge Dennis Davis’ attack on SARS’ integrity
Pretoria, Friday 10 March 2017. 1. The South African Revenue Service (“SARS”) has noted with grave disbelief at the unprovoked and unwarranted attacks on SARS by Judge Dennis Davis (“Judge Davis”) when addressing the conference on tax evasion and illicit financial flows organised by the Alternative Information Development Centre, a NGO, in Cape Town, over this […]
16 March 2017 – SARS busts 6.5kg of cocaine worth R1.8-million
Pretoria, Thursday 16 March 2017 – SARS Customs official intercepted 6.5kg of cocaine worth R1.8-million inside tubes of cream at OR Tambo International Airport yesterday. The goods were from Sao Paolo, Brazil and were destined for Harare, Zimbabwe when a physical examination was done. A drug test on the contents of the tube tested positive for […]
