Media release – Commissioner Kieswetter’s term extended
27 February 2024 – The South African Revenue Service (SARS) confirms that President Cyril Ramaphosa requested the SARS Commissioner Mr. Edward Kieswetter to stay beyond his current term, which was meant to expire on 30 April 2024. Both parties agreed to the extension of his term as Commissioner for a period of two years. The […]
Media release – SARS confirms legal action
27 February 2024 – The Commissioner for South African Revenue Service (SARS) Mr Edward Kieswetter hereby confirms that SARS has instituted legal proceedings against Sasfin Bank, as disclosed in the SENS announcement issued by Sasfin Holdings Ltd on 27 February 2024. SARS conducted a thorough investigation into various South African taxpayers who had not made […]
Excise – Biodiesel
27 February 2024 – The Biodiesel external policy has been revised as follows: To align with the relevant sections of the Act. The biodiesel process flow and the process for reprocessing, destruction and abandonment have been deleted from the external policy. Robbery and theft have been included as exclusionary items under Vis Major losses. SE-BIO-02 – […]
Excise – Declaration & Return Submission via eFiling
27 February 2024 – The Declaration and Return Submission through eFiling guide has been revised as follows: To remove references to specific Excise products and apply them to all products Relevant processes have been revised to reflect current eFiling system functionalities The process for capturing all Excise duties and levies has been updated The document has […]
Health Promotion Levy on Sugary Beverages
27 February 2024 – The Health Promotion Levy on Sugary Beverages external policy has been revised to align with the relevant sections of the Act. SE-SB-02 – Health Promotion Levy on Sugary Beverages – External Policy
New Scam alert
27 February 2024 – There is a new scam doing the rounds talking about eFiling Income Tax assessment and tax compliance obligations. Please do not open the link and delete the email immediately. An example of the scam was published on our Scams & Phishing webpage.