Latest News & Developments
sars
Mary Baine named new Executive Secretary of African Tax Administration Forum
Mary Baine's appointment as Executive Secretary of ATAF marks a pivotal moment for African tax administrations, promising innovative leadership and sustainable development strategies.
SARS opens 2025 tax season on July 7
As the 2025 tax season approaches, SARS encourages digital engagement, timely filing, and verification of personal information to ensure smooth processing and avoid delays.
SARS aims for R20 billion through strategic revenue enhancement initiatives
In a bold move towards enhancing revenue collection, SARS is leveraging advanced technology and comprehensive strategies to combat tax evasion and broaden the tax base.
Tax Ombud warns of rising eFiling profile hijackings
The Office of the Tax Ombud has reported a significant surge in eFiling profile hijackings, raising serious concerns about taxpayer security.
Sars banks on 1700 debt collectors to close gap
In a strategic effort to address fiscal challenges, the South African Revenue Service plans to hire 1700 debt collectors, aiming to recover R50 billion.
Major Bruma raid: 35 arrests and R20 million in counterfeit goods seized
During a major operation in Bruma, Johannesburg, police arrested 35 individuals and seized counterfeit goods valued at over R20 million, showcasing a significant crackdown on the illegal trade
SARS aims for R50 billion as it hires 1,700 debt collectors
In a strategic effort to address fiscal challenges, the South African Revenue Service plans to hire 1,700 debt collectors, aiming to recover R50 billion.
Businessman in hot water after receiving R1. 4 million from SARS through misrepresentations
Mbongiseni Ngomane, 34, faces serious allegations of defrauding SARS out of R1. 4 million. What led to his arrest and what are the implications for his business?
Trial resumes: High-profile tax fraud case tied to SAPS corruption scandal
The high-stakes R19 million tax fraud trial of businessman Vimpie Phineas Manthata resumes, featuring explosive testimony from SARS officials about corruption linked to the notorious 'Blue Lights' scandal.
Budget: SARS allocated R7. 5 billion to build capacity to collect more taxes
There will be inflationary increase in the general fuel levy, above-inflation increases in excise duties on alcohol and tobacco products as well as a diesel refund relief for primary sectors.
Eastern Cape doctor fined R500 000 for defrauding SARS R1. 8 million in tax evasion
A medical doctor from East London, Kurunalingam Chetty, has been fined R500,000 and received a suspended prison sentence after defrauding SARS of over R1. 8 million.
Godongwana rejects wealth tax as 'Dangerous Gamble'—warns of capital flight and economic fallout
Finance Minister Godongwana will deliver his revised national budget on May 21. This is the third one this year.
Ithala bank clients welcome court ruling
The KwaZulu-Natal Economic Development and Tourism MEC Reverend Musa Zondi has assured Ithala customers that they will soon be able to access their money.
Lucky Montana fights back against SARS's asset attachment claim
Former Prasa CEO Lucky Montana publicly contests a politically charged R46 million tax claim by SARS, asserting it is unfounded.
Former Prasa CEO Lucky Montana defends against SARS asset attachment
Former Prasa CEO Lucky Montana publicly contests a politically charged R46 million tax claim by SARS, asserting it is unfounded.
Royal AM's salary disclosure: FUSA concerned MaMkhize made players 'a laughing stock”
FUSA has condemned Royal AM's Shauwn Mkhize for publicly disclosing players' salaries, arguing it jeopardises their future opportunities in football.
Royal AM's Shauwn “MaMkhize” Mkhize reveals players' salaries in last stand against PSL
Shauwn “MaMkhize” Mkhize reveals players' salaries to counter the PSL's expulsion.
Budget 2025 | 'It is not my intention to resign as Finance Minister' - Enoch Godongwana
A new 2025 National Budget will be tabled on May 21, but Finance Minister Enoch Godongwana says he has no plan to resign over the budget debacle.
Sars boss warns vendors over 0. 5% VAT increase
SARS issues a critical warning for vendors and consumers on the VAT rate reversal — find out what you need to do to comply.
Understanding SARS' VAT rate reversal: What vendors and consumers must know
SARS has issued a warning regarding the implications of the reversal of the scrapped 0. 5% VAT rate increase, following a court ruling. Vendors and consumers must adjust to the new VAT regulations by May 15, 2025, to ensure compliance.
What vendors and consumers need to know about SARS' VAT rate reversal
SARS issues a critical warning for vendors and consumers on the VAT rate reversal — find out what you need to do to comply!
Phala Phala Scandal: ActionSA files PAIA request for full IPID report
Police Minister Senzo Mchunu offered no reason for classifying the Phala Phala police report as "top secret" and withholding it from the public, but now ActionSA wants access to it.
'Check your receipts': SARS urges South Africans to verify correct VAT rate following Treasury's U-turn
SARS is urging consumers across the nation to verify that they are being charged the correct Value Added Tax VAT rate of 15%.
SARS Confirms: VAT hike is dead - but the fallout is just beginning
SARS has announced the cancellation of the planned VAT increase, following Finance Minister Enoch Godongwana's decision to prioritise stability in the tax environment. This article explores the implications for VAT vendors and the expected timeline for compliance.
Durban Customs Agent jailed for R2. 4 million tax fraud involving SARS and importers
A customs clearing agent will spend the next eight years behind bars after siphoning funds and defrauding Sars.