Joint operation in KZN yields illicit cigarettes, narcotics
A joint operation involving the South African Revenue Service’s Customs officers, the SA Police Service (SAPS) and the Metro police led to the confiscation of over 2 million cigarettes and narcotics in Durban yesterday.
Scrap metal exporter found guilty of lying to Customs
A Cape Town-based export company and its director were found guilty of mis-declaring a consignment of scrap metal in order to avoid paying the recently introduced export duties on scrap metal.
Trade Statistics for January 2022
The R3.55 billion preliminary trade balance surplus for January 2022 is attributable to exports of R130.12 billion and imports of R126.57 billion.
Assets of diagnostic radiologists attached over tax debt of R52-million
Assets belonging to a practice of two diagnostic radiologists have been attached by the Sheriff of the High Court over outstanding returns and a tax debt of R52-million owed to the South African Revenue Service (SARS).
SARS will not tolerate employees who collude with taxpayers
The South African Revenue Service (SARS) has noted with concern the arrest of two SARS employees on allegations of extortion after the two employees demanded money from a taxpayer in return for reducing or cancelling the taxpayer’s debt.
SARS making illicit tobacco trade hard and costly
The South African Revenue Service (SARS) through its Criminal and Illicit Economic Activities and Customs Divisions carried out inspections as well as search and seizure operations on cigarette companies and manufacturers in KwaZulu-Natal, Western Cape and Gauteng.
SARS welcomes the revised Revenue Estimate
SARS welcomes the upwardly revised revenue collection estimate announced by Minister of Finance, Mr Enoch Godongwana. In his 2022 Budget Review speech, Minister increased the revenue estimate to R1 547.07 billion from the February 2021 budget estimate of R1 365.1billion. The 2021/22 revenue yield is expected to result in the tax-to-GDP ratio reaching 24.7%, which is higher than pre-COVID level and that indicates that the extraction rate is on a positive trajectory.
1 April 2015 – Preliminary Outcomes of Revenue Collection for the 2014-2015 Fiscal Year
PRETORIA, 1 April 2015 – We are today releasing SARS’ preliminary revenue collection outcome, twelve hours after the close of the 2014/15 fiscal year. Despite challenging economic conditions, SARS collected R986.4 billion which is a 9.6 % growth in total revenue from 2013/14. This is R7.4 billion above the revised estimate announced in the February 2015 […]
7 May 2015 – Massive Crystal Meth bust to the value of R 6.3 million at OR Tambo International Airport
7 May 2015, Johannesburg – SARS officials today uncovered 20.76 kilograms of crystal meth at OR Tambo International Airport. The shipment, profiled by SARS, arrived on flight SA061 from Lagos and was said to contain hair pieces and food items. Following a thorough inspection by the cargo team, it was established that 5 parcels of crystal […]
7 May 2015 – Resignation of Mr Ivan Pillay and Mr Peter Richer
Pretoria, 7 May 2014 — The South African Revenue Service (SARS) confirms that Mr Ivan Pillay and Mr Peter Richer have resigned from SARS with immediate effect. SARS has accepted their resignations, and hereby confirms that the parting of ways is mutually beneficial and in the interest of SARS as an institution. SARS acknowledges and appreciates […]
