Trade Statistics for January 2019
The South African Revenue Service (SARS) today releases trade statistics for January 2019 recording a trade deficit of R13.08 billion.
SARS invites public comment on excise rewrite document
SARS invites public comment on excise rewrite document
Pay outstanding debt by 29 March to avoid penalties and interest
Taxpayers have just over 22 days left to pay outstanding debt by Friday 29 March to avoid paying penalties and interest. Outstanding returns need to be submitted immediately.
KZN VAT vendor imprisoned for seven years for VAT fraud
KwaZulu-Natal woman who defrauded SARS of approximately R 4 million, was handed down an effective seven-year jail sentence in the Durban Regional Court last Thursday.
SARS in wage dispute with organised labour
NEHAWU and PSA have served SARS with a 7 day notice to go on strike from 28 March 2019.
Wage negotiations dispute still unresolved
Over the past weekend, SARS had confirmed that it had reached a deadlock in negotiations with the recognised trade unions, PSA and NEHAWU, over salary increases and improvements in conditions of service and benefits for bargaining unit employees.
Treasury announces new SARS Commissioner
President Cyril Ramaphosa appointed Mr Edward Kieswetter as the Commissioner for the South African Revenue Service with effect from 1 May 2019.
SARS continues to operate
SARS Customs operations at ports of entry, especially borders, have been without major interruptions.
Trade Statistics for February 2019
The South African Revenue Service (SARS) today releases trade statistics for February 2019 recording a trade surplus of R3.99 billion.
SARS announces the preliminary Revenue outcome for 2018-19
For the financial year ending 31 March 2019, SARS collected an amount of R1 287.6 billion, against the 2019 Budget estimate of R1 302.2 billion resulting in a deficit of R14.6 billion (-1.1%).