9 June 2014 – United States and South Africa Sign an Intergovernmental Agreement to Share Tax Information
South African Minister of Finance, Mr Nhlanhla Nene and U.S. Ambassador to South Africa Mr Patrick H. Gaspard, today signed an intergovernmental agreement to improve international tax compliance and to implement the Foreign Account Tax Compliance Act.
26 May 2014 – Compromise agreement offer with Mr JS Malema
The South African Revenue Services (SARS) welcomes the fact that Mr Julius Malema has acknowledged his failure to comply with his past tax obligations.
14 May 2014 – Submission Period for Employers for the 2014 Tax Season
On Friday, 16 May 2014 a Public Notice will be published in the Government Gazette requiring employers in the country to submit their payroll data to the South African Revenue Service (SARS) for the 2014 Tax Season by 30 May 2014. Click here to check availability of the notice.
9 May 2014 – SARS Enforcement and Customs Operations for April 2014
The South African Revenue Service (SARS) is providing an update to the media and the public on its operations to combat crimes such as smuggling, fraud and abuse of the tax system for the month of April 2014.
14 April 2014 – SARS Enforcement and Customs Operations for March 2014
The South African Revenue Service (SARS) is providing an update to the media and the public on its operations to combat crimes such as smuggling, fraud and abuse of the tax system for the month of March 2014.
7 April 2014 – Minister Gordhan Officially Launches Tax Ombud’s Office
The Minister of Finance Pravin Gordhan today (7 April 2014) officially launched the SA Tax Ombud whose objective is to review and address complaints by taxpayers regarding service, procedural or administrative issues relating to their dealings with the SA Revenue of Service (SARS). As announced in October 2013, retired Judge Bernard Ngoepe is the Tax Ombud.
3 April 2014 – Specifications for the reporting of information under FATCA, AEOI and domestic law
On 8 February 2013, the National Treasury and the South African Revenue Service (SARS) announced the start of negotiations with the US Department of the Treasury to enter into an inter-governmental agreement (IGA) with respect to the USA’s Foreign Account Tax Compliance Act (FATCA). The wording of a draft IGA has now been agreed upon and will be signed at Governmental level as soon as possible.
1 April 2014 – Preliminary Outcome of Revenue Collection for the 2013-14 Fiscal Year
The 1st of April is traditionally the day we report our preliminary revenue outcome within twelve hours after the close of the fiscal year at midnight on the 31st of March.
7 February 2014 – SARS Enforcement and Customs Operations for January 2014
The South African Revenue Service (SARS) is providing an update to the media and the public on its operations to combat crimes such as smuggling, fraud and abuse of the tax system for the month of January 2014.
31 January 2014 – SARS welcomes High Court judgment
Judgment was delivered earlier today in the Gauteng North High Court confirming a preservation order granted to the South African Revenue Service (SARS) over the South African assets of Mr Mark Krok (the respondent).
