Time running out for employers’ submissions and payment to SARS
SARS wishes to remind employers of their legal obligation to submit payroll information to SARS on or before the deadline of Sunday 31 May 2020.
Media statement by SARS commissioner Edward Kieswetter
SARS has learnt with concern, that as of yesterday, 18 May 2020, 2 additional positive COVID-19 instances among staff have been reported. This brings the total number of infections to 7 since the beginning of the pandemic.
Trade Statistics for April 2020
Pretoria, 29 May 2020 – The South African Revenue Service (SARS) today releases trade statistics for April 2020 recording a trade deficit of R35.02 billion.
SARS notes IGI court order of 8 June 2020
The Commissioner of SARS notes that the manner in which the IGI and the Minister of State Security handled the review application affirms his consistent view.
Filing Season 2020
Our country is enduring the most difficult period in its history. As President Cyril Ramaphosa aptly reminded us on Wednesday 17 June: “For 100 days we have been living in the shadow of one of the greatest threats to global health in over 100 years.”
Trade Statistics for May 2020
Pretoria, 30 June 2020 – The South African Revenue Service (SARS) today releases trade statistics for May 2020 recording a trade surplus of R15.94 billion.
Bust of rhino horns at OR Tambo International
Customs officials at OR Tambo International Airport (ORTIA) discovered 41 pieces of rhino horn valued at R115.66 million in a consignment declared as “fine art”.
Trade Statistics for June 2020
The South African Revenue Service (SARS) today releases trade statistics for June 2020 recording a trade surplus of R46.63 billion.
Update on the Filing Season (PIT)
Last week, we launched the next phase of Filing Season 2020, namely the filing of individual tax returns. In keeping with the core principles of our Strategic Intent, we follow the approach of Voluntary Compliance.
Update on SARS Filing Season (PIT)
In keeping with the core principles of our Strategic Intent, we follow the approach of Voluntary Compliance. This means that we make the assumption that most taxpayers are honest, and want to comply.