Search Results for: customs/page/10/{{ data.uploadedToLink }}/page/10/{{ data.originalImageURL }}/page/4/{{ data.editLink }} – Page 6

SARS will be migrating to a new hosting platform for its electronic services in April 2019. This new and reliable platform features the latest technology on the market, and includes a refresh of SARS’ hardware and software.

The National Treasury and the South African Revenue Service are pleased to announce the release of the 10th annual edition of the Tax Statistics today, on Tuesday 12 December 2017.

The 14th Tax Statistics publication will be published on 20 January 2022. The 2021 edition will provide an overview of tax revenue collections and tax return information for the 2017 to 2020 tax years, as well as the 2016/17 to 2020/2021 fiscal years.

The South African Revenue Service (SARS) participated in two multilateral meetings in the current week to cement international tax co-operation in Africa and among the BRICS Countries (Brazil, Russia, India, China and South Africa).

The South African Revenue Service (SARS) accepted the increased revenue collection estimate announced by Minister of Finance, Mr Enoch Godongwana. In his 2023 Budget Speech, the Minister increased the revenue estimate to R1.69 trillion, an increase of R93.7 billion from the 2022 February Budget statement.

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.

SARS welcomes the upwardly revised revenue collection estimate announced by Minister of Finance, Mr Enoch Godongwana. In his 2022 Budget Review speech, Minister increased the revenue estimate to R1 547.07 billion from the February 2021 budget estimate of R1 365.1billion. The 2021/22 revenue yield is expected to result in the tax-to-GDP ratio reaching 24.7%, which is higher than pre-COVID level and that indicates that the extraction rate is on a positive trajectory.