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Tax Statistics 2021 Highlights

[…] of a carbon tax and an increase in the plastic bag levy. Inflation –linked increases were proposed for the general fuel levy and alcohol and tobacco excise duties . The 2020 Supplementary Budget announced tax policy proposals to increase tax revenues over the medium term by R 40 billion. However, given the higher -than […]

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CA-01-M01 – eAccount on eFiling – External Manual

[…] the account. b) You will be able to identify possible overdue declarations and payments requiring allocation at a glance. c) In addition, the approved credit limit for duties/levies or VAT as well as the available credit limit for each will be displayed in order to help with decision -making around the utilisation of the […]

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SC-GP-15 – Trade Statistics – External Policy

Effective 13 December 2017 CUSTOMS EXTERNAL POLICY TRADE STATISTICS Effective 13 December 2017 Trade Statistics – External Policy SC-GP-15 Revision: 3 Page 2 of 12 TABLE OF CONTENTS 1   SUMMARY OF MAIN POINTS 3   2  POLICY 3   2.1   Fundamental principles 3   2.1.1   United Nations principles 3   2.1.2 […]

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SARS-AR-16 – Annual Report 2011-2012

[…] work that SARS continues to do. I would also like to thank the 15 000 SARS employees for the dedication with which they continue to perform their duties. Pravin Gordhan Minister of Finance 10 ANNUAL REPORT 2011/12 REVIEW BY THE COMMISSIONER The 2011/12 financial year certainly tells a story! It is a story of […]

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Strategic Plan Mid-Term Progress Report 2020 – 2025

[…] general collection climate , as well as the Tax and Customs policy framework, which informs the parameters of collection e.g. tax rates for specific tax types, customs duties for specific products, rebates and relief measures. • Public con fidence and trust in Government and SARS, from both the collections and spending perspective, which influences […]

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SARS-AR-21 – Annual Report 2015-2016

[…] c/litre) • Taking further steps to combat base erosion and profit shifting • Providing for a more generous turnover tax regime for small businesses • Increasing excise duties on alcohol and tobacco products • Reviewing the diesel refund scheme • Strengthening the energy-efficiency savings incentive • Raising the electricity levy • Changing transfer duty […]

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Comprehensive Guide to the Income Tax Return for Trusts

[…] Trust return. Ensure that you refresh the IRP5/IT3(a) data before completing the return. VDP relief is available in respect of all taxes administered by SARS (but excluding duties and levies charged in terms of the Customs and Excise Act, 1964). This guide explains the legislative requirements applicable to the SARS Tax VDP, the application […]

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