Browsing: Sars

With six weeks to go to before the end of the 2016 tax season, the South African Revenue Service has received over 4m tax returns. “Sars has already received 4 166 243 individual income tax returns. This figure also includes 1 217 428 returns received

The South African Revenue Service says its tax and customs offices will close at 5pm on Friday due to a substantial IT system upgrade and maintenance. To minimise disruptions on the day, Sars said its employees

The South African Revenue Services (Sars) has never collected more than a trillion rand in taxes before — until now. “Gross tax revenue for the fiscal year came in at R1,0699 trillion or R0,2bn more than the February estimate,” Sars commissioner

Finance Minister Pravin Gordhan has answered the Hawks questions regarding the alleged South African Revenue Services “rogue” unit on Wednesday, stating that the unit acted lawfully as far as he is aware. “I am advised that the Sikhakhane Panel

The following is the full and unedited text of a statement issued by finance minister Pravin Gordhan, in which he explains how he has answered a set of questions from the Hawks regarding the establishment of a so-called “rogue” unit at the South African

Standard Bank Research said the “rand sacrificed most of the gains it had made since the end of January”, which analysts on Monday said was due to a boiling point in politics involving President Jacob Zuma and finance minister Pravin Gordhan

Over the past few weeks, I have worked with the national treasury to deliver a budget that reinforces South Africa’s fiscal credibility and outlines the measures we will take to improve economic growth and tackle our challenges of poverty, inequality and unemployment

A total of 5,94m tax returns were received for non-provisional taxpayers, says South African Revenue Service (Sars) acting commissioner Jonas Makwakwa. The announcement follows the tax season coming to an end on Friday. The 5,94m submissions received were