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The South African Revenue Service (SARS) remains committed to providing clarity and certainty in the implementation of its mandate of promoting legitimate trade for the economic development of the country in an era of rapidly expanding e-Commerce. This will be achieved by making it simple and easy to facilitate an increased movement of goods.

Travelers are required by law to make certain declarations of goods and cash on entering or leaving South Africa. The declaration process is in line with practices around the world and in compliance with the provision of the Customs and Excise Act No. 91 of 1964 which makes it mandatory for any person entering and leaving the Republic to declare any goods in their possession. Full details of prohibited and restricted goods are available on the SARS website (www.sars.gov.za), and travelers are advised that it is their responsibility to comply.

SARS wishes to apologise unreservedly to all taxpayers for the disruption in services brought about by the termination of support of the Adobe Flash platform on 12 January 2021.

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.

National Treasury and the South African Revenue Service have published the 15th annual edition of the Tax Statistics. The 2022 edition provides an overview of tax revenue collections and tax return information for the 2018 to 2022 tax years, as well as the 2017/18 to 2021/22 fiscal years.

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.

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.