* Erratum: SARS incorrectly stated that an amount of R65 billion was involved in the 30 successful convictions of VAT and Pit fraud cases. The correct amount is R65 million. SARS sincerely apologises for this error. Thursday, 15 November 2018 … Continue reading
Category Archives: SARS
Pretoria, 30 November 2018 – The South African Revenue Service (SARS) today releases trade statistics for October 2018 recording a trade deficit of R5.55 billion. These statistics include trade data with Botswana, Eswatini, Lesotho and Namibia (BELN). The year-to-date (01 … Continue reading
Pretoria, 29 November 2018 – SARS will soon impose administrative non-compliance penalties for outstanding Corporate Income Tax (CIT) returns. Administrative non-compliance penalties will be imposed on companies that fail to submit an income tax return as required under the Income … Continue reading
Durban, 23 November 2018 – Earlier today, the South African Revenue Service (SARS) destroyed a number of illegal vehicles as part of a clampdown on non-compliance in various Customs sectors. This followed a two-day inter-governmental operation in Durban and surrounding … Continue reading
PRETORIA, Tuesday, 20 November 2018 – The South African Revenue Service (SARS) is once again embarking on a nationwide awareness campaign to remind taxpayers of their obligation to submit outstanding tax returns. The three-week campaign, which kicks off today, is … Continue reading
Thursday, 15 November 2018 – Between April and September this year, SARS has achieved 30 successful convictions in Value-Added Tax (VAT) – and Personal Income Tax (PIT) fraud cases, involving R65 billion. This represents a 100% success rate in convictions … Continue reading
Wednesday, 14 November 2018 – SARS Customs officials intercepted suspected counterfeit clothing and shoes valued at approximately R10 722 364 in the Western Cape over the weekend. The incident happened during a special high-visibility operation at Rawsonville Weighbridge off the … Continue reading
Pretoria, 1 November 2018 – The South African Revenue Service received 5.785 million returns by Wednesday, 31 October 2018, which marked the close of tax season for non-provisional taxpayers. These returns comprise the following: 4. 229 million returns by individual … Continue reading
Pretoria, 31 October 2018 – The South African Revenue Service (SARS) today releases trade statistics for September 2018 recording a trade deficit of R2.95 billion. These statistics include trade data with Botswana, Eswatini, Lesotho and Namibia (BELN). The year-to-date (01 … Continue reading
Pretoria, 29 October 2018 – Individual taxpayers have 48 hours left to file their personal income tax returns before tax season closes on Wednesday, 31 October. The deadline applies to non-provisional taxpayers and for those provisional taxpayers who opt to … Continue reading