Continued collaboration towards tax transparency through exchange of information
Tax Transparency and Exchange of Information occupied center stage on the international tax agenda this past week with the back-to-back hosting of the Africa Initiative and OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) Plenary meetings.
High court judgment
The Commissioner of the South African Revenue Service (SARS), Mr Edward Kieswetter, has noted the judgment handed down by the Gauteng High Court in the matter of Arena Holdings and others v SARS and others on 16 November 2021, on the release of information relating to a taxpayer.
SARS welcomes the MTBPS Revenue Announcement
The South African Revenue Service (SARS) welcomes the unflinching commitment made by the Minister of Finance, Mr Enoch Godongwana, to fiscal sustainability, enabling long-term growth by narrowing the budget deficit and stabilising debt, when he presented the Medium Term Budget Policy Statement (MTBPS) in Parliament today.
SARS encouraged by results of new direction
The Commissioner of the South African Revenue Service (SARS), Mr Edward Kieswetter, told Parliament today that SARS was encouraged by the measured progress in rebuilding SARS as an institution transforming itself into a SMART Modern SARS.
Taxpayers urged to meet filing season deadline
The South African Revenue Service (SARS) wishes to remind individual non-provisional taxpayers to file their income tax returns on or before the deadline of 23 November 2021.
Physical Impairment or Disability Expenditure Prescribed by the Commissioner
The Commissioner of the South African Revenue Service (SARS) is permitted by law to publish a list of qualifying medical expenditure that is necessarily incurred and paid by a person during a year of assessment as a result of any physical impairment or disability suffered by the person or any dependant of the person (Disability List).
Trade Statistics for September 2021
SARS today released trade statistics for September 2021 recording a preliminary trade balance surplus of R22.24 billion attributable to exports of R157.02 billion and imports of R134.78 billion
New director of unit for High Wealth Individuals
The South African Revenue Service (SARS) today welcomed Ms Natasha Singh, a chartered accountant with more than 20 years’ experience, as Director: High Wealth Individual (HWI) Segment.
Abalone worth R1.6-million seized
The South African Revenue Service (SARS), through its Customs division, seized dried abalone worth R1.6-million hidden in a trailer of a taxi at the Lebombo border.
15 June 2017 – SARS intercepts 28.76kg rhino horns worth R6-million
SARS Customs officials intercepted yet another suspicious bag with 28.76kg rhino horns valued at almost R6-million at OR Tambo International Airport yesterday, Wednesday, 14 June.
