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.

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.

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.