The South African Tax Base at a Glance The South African Revenue Service (SARS), collects the bulk of its revenue from three main sources – Personal Income Tax (PIT) at…
Browsing: SARS
The South African Revenue Service (SARS) has released a report indicating that 38 000 tax payers ended their tax residency in South Africa (SA) in 2023. The impact of this on…
In a dramatic courtroom battle, whistleblower Angelo Agrizzi defeated the South African Revenue Service (SARS) in their attempt to recover R174 million in taxes. Agrizzi insisted that he owed nothing…
The South African Revenue Service (SARS) was successful in its attempt to dismiss an employee who claimed sick leave but was later seen on television attending an EFF protest at…
The South African Revenue Service (SARS) works together with recognized controlling bodies (RCBs) to regulate the tax profession. The goal is to establish consistent standards and enforce rules to improve…
The Minister of Finance announced in the 2022 Budget that a tax net on vaping tobacco products will be introduced. The new sin tax will include nicotine and nicotine-substitute solutions…
The BRICS group of countries, which includes Brazil, Russia, India, China, and South Africa, is reportedly considering the introduction of a common currency. The issue of a common currency will…
South African Revenue Service commissioner Edward Kieswetter has shared an update on fighting tax fraudsters. Kieswetter says SARS was making steady progress in clamping down on tax fraudsters as he…
In his budget speech, Finance Minister Enoch Godongwana has announced an increase in taxes on cigarettes and alcohol. Godongwana said the government will raise taxes on cigarettes and alcohol in…
As travellers visit different destinations this festive season, SARS officials are also working hard around the clock and confiscated fake shoes. The counterfeit shoes are worth R3 million as they…
