Trade Statistics for February 2021
SARS today releases trade statistics for February 2021 recording a trade balance surplus of R28.96 billion.
Long arm of the law nabs fraudsters after 8 years on the run
SARS Commissioner Edward Kieswetter welcomes the arrest of two convicted VAT fraudsters who thought they had escaped justice by disappearing off the face of the earth for eight years.
SARS calls on employers to stick to deadline
SARS urges all employers to comply with their legal obligations by submitting accurate information during the annual filing season for employers from 1 April to 31 May.
All forms of rental income must be declared to SARS
SARS wishes to advise property owners whose properties are located in South Africa and who host fee-paying guests that the rental income they receive must be declared in their income tax return.
SARS calls on employers to prepare data for annual Employers Filing Season
SARS is committed to providing certainty and clarity to all taxpayers and traders regarding their tax and customs obligations so that they can remain compliant and to ensure that transacting with the organisation is as simple and easy as possible.
Trade Statistics for January 2021
SARS today releases trade statistics for January 2021 recording a trade balance surplus of R11.83 billion.
SARS increases its focus on wealthy individuals and offshore holdings
For SARS to continue to provide a customized and seamless service to various categories of taxpayers, we are establishing a separate unit to focus on Individual Taxpayers with wealth and complex financial arrangements.
SARS welcomes the revised revenue estimate
The South African Revenue Service (SARS) welcomes the upwardly revised revenue collection estimate announced by the Minister of Finance Tito Mboweni in his 2021 Budget Review presentation in Parliament today.
SARS customs intercepts rhino horn worth over R23 million
Customs officials of the South African Revenue Service (SARS) intercepted a consignment of rhino horns worth over R23 million at the OR Tambo International Airport (ORTIA) yesterday.
OECD, SARS and National Treasury continue partnership to strengthen tax co-operation
Today, the OECD, SARS and National Treasury of South Africa signed a Memorandum of Co-operation (MoC), agreeing to continue to work together in the area of taxation.
