Media Release – SARS Collects R1.564 trillion
In its 25th anniversary year, the South African Revenue Service (SARS) is pleased to announce the 2022 preliminary tax revenue collection outcome after the second year of national COVID-19 lockdown regulations.
Trade Statistics for February 2022
The R10.60 billion preliminary trade balance surplus for February 2022 is attributable to exports of R141.15 billion and imports of R130.55 billion. Exports increased by R10.51 billion (8.0%) between January and February 2022 and imports increased by R3.98 billion (3.1%) over the same period.
Preliminary SARS revenue collection outcome for 2021/2022
The SARS Commissioner Mr Edward Kieswetter will announce the preliminary revenue collection outcome for 2021/2022 on Friday 1 April 2022 at 14:00.
Launch of SARS multilingual tax terminology publication
The Commissioner of the South African Revenue Service (SARS) Mr Edward Kieswetter has committed the organisation to promoting the use of historically marginalised official languages in the tax and customs environment.
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.