SARS crosses historic R2 Trillion mark in Net Revenue Collection in our democracy
The South African Revenue Service (SARS) has collected R2.010 trillion and thus surpassed the R2 trillion in net revenue collection for the 2025/26 financial year, crossing a historic point in three decades. Over the past seven years, revenue collections have grown at a compound annual growth rate (CAGR) of 6.8%, with a tax-to-GDP ratio of 25.9%, and tax buoyancy ratio of 1.73. Since 1997, of the R25.1 trillion collected, R11.5 trillion was collected in the last seven years.
Trade Statistics for February 2026
South Africa recorded a preliminary trade balance surplus of R36.9 billion in February 2026. This surplus was attributable to exports of R168.1 billion and imports of R131.2 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
Announcement of the Preliminary Revenue Collection Results for the 2025/26 Financial Year
The South African Revenue Service (SARS) Commissioner, Mr Edward Kieswetter, will announce the preliminary revenue collection figures for the 2025/26 financial year on Wednesday, 1 April 2026, at 14:00.
SARS steps up effort to disrupt illicit economy, draws red line against corruption and non-compliance with Tax and Customs law
The South African Revenue Service (SARS) is fully behind the National Illicit Economy Disruption Programme announced by President Ramaphosa in his SONA address. SARS is committed to eradicating all forms of corruption, collusion, and criminal subversion of customs and tax processes, internally and externally. SARS’s Illicit Economy Strategy prioritises corruption and fraud in government departments.
Trade Statistics for January 2026
South Africa recorded a preliminary trade balance surplus of R9.3 billion in January 2026. This surplus was attributable to exports of R155.8 billion and imports of R146.5 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
SARS welcomes the revised revenue estimate for the 2025/26 fiscal year
The Commissioner for the South African Revenue Service (SARS), Edward Kieswetter, welcomes the revised revenue estimate presented by the Honourable Minister of Finance, Enoch Godongwana. SARS will spare no effort to achieve the revised revenue estimate as it monitors South Africa’s fiscal environment and key macroeconomic indicators. SARS will align its strategy and operations to sustain its revenue performance and protect the fiscus.
President Ramaphosa undertakes a visit to the SARS National Command Centre
President Cyril Ramaphosa will on Thursday, 05 February 2026, undertake an oversight visit to the South African Revenue Service (SARS) National Command Centre in Brooklyn, Pretoria.
Trade Statistics for December 2025
30 January 2026 – South Africa recorded a preliminary trade balance surplus of R23.2 billion in December 2025. This surplus was attributable to exports of R164.3 billion and imports of R141.1 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
Trade Statistics for November 2025
South Africa recorded a preliminary trade balance surplus of R37.7 billion in November 2025. This surplus was attributable to exports of R188.0 billion and imports of R150.3 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).
File Trust and Provisional Tax Returns by 19 January 2026
The South African Revenue Service (SARS) reminds all trustees and provisional taxpayers that the deadline for submitting both ITR12T trust and provisional tax returns is 19 January 2026.
