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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.

This annual campaign has evolved into an important partnership between government and taxpayers who make a vital contribution to our country’s tax system.

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.

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.

The South African Revenue Service (SARS) welcomes the unflinching commitment made by the Minister of Finance, Mr Enoch Godongwana, to fiscal sustainability, enabling long-term growth by narrowing  the budget deficit and stabilising debt, when he presented the Medium Term Budget Policy Statement (MTBPS) in Parliament today.

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%).

President Cyril Ramaphosa on Sunday announced several emergency tax relief measures in response to the continuing Covid-19 pandemic and recent unrest that are aimed at helping affected and tax compliant businesses to recover and ensure livelihoods for employees.