South Africa’s tax system witnessed an astoundingly high amount of value-added tax (VAT) refunds in the 2023/24 financial year, amounting to R342.9 billion – a notable increase of 7.5% from the ...

By 30 September 2025, SARS reported a net revenue collection of R924.7 billion, surpassing expectations and marking another milestone in the agency’s modernization and compliance-driven strategy.

The South African Revenue Service (SARS) has confirmed that the planned 0.5% increase in the Value Added Tax (VAT) rate, initially scheduled for May 1, 2025, will not proceed. This decision follows a ...

The South African Revenue Service (SARS) has issued a warning to vendors and consumers about the implications of the reversal of the planned 0.5% VAT rate increase. SARS Commissioner Edward Kieswetter ...

The efficiency of SARS should be praised under normal circumstances, but it actually hurts the country's economy.

While South Africa has been shaking its head at Trump’s whiplash tariff announcements, we seem to be watching a similar scene roll out locally with the controversial VAT increase. The latest news is, ...

Edward Kieswetter, Commissioner of the South African Revenue Service (Sars), says the organisation will ensure the necessary changes are made to reflect the decision to reverse the increase in ...

The ConCourt's verdict in Capitec Bank Limited v CSARS [2024] has granted Capitec the right to claim a VAT deduction of almost R72m from the SA Revenue Service (Sars) - setting a significant precedent ...

Two years after the South African Revenue Service (SARS) began work to modernise the value-added tax (VAT) system, the agency is preparing to release a consultation paper “in due course”. This follows ...

The South African Revenue Service (Sars) was granted additional powers to implement the estimated assessment functionality where value-added tax (Vat) vendors do not adhere to the provisions of the ...