The South African Revenue Service (SARS) has broken down the procedural matters relating to the decision to cancel the VAT hike on 1 May 2025, which it admits has caused great pain in the country.

The South African Revenue Service’s (SARS) efforts to combat non-compliance are working, and the taxman will keep using tools that have proven effective in identifying tax evaders. This includes ...

The VAT rate was scheduled to rise to 15.5% on 1 May, but now remains at 15%. The proposed 0.5 percentage points has seen political parties putting pressure on Finance Minister Enoch Godongwana to ...

If they're charged incorrectly, they should bring it to the attention of the vendor and ensure the matter is resolved urgently.

Royal AM's pending expulsion from the Premier Soccer League (PSL) may not only be a major blow for Shauwn Mkhize, but also for the South African Revenue Service (SARS) in their quest to recoup the ...

UCSF researchers designed new drug candidates that potently block MPro, a viral enzyme that's crucial for SARS-CoV-2 replication. One of these drug candidates, AVI-4516, is shown (center) bound to the ...

An AI-driven platform has been used to optimize an antibody, 3152-1142, to neutralize a wide range of SARS-CoV-2 variants, enhancing its potency against potential escape mutations.

South African Revenue Service (SARS) Commissioner Edward Kieswetter says the decision has significant practical implications for VAT vendors and consumers. “We acknowledge that vendors and ...

Tax compliance is necessary for SARS to fulfill its mandate of collecting revenue in South Africa. Thus, employers must comply with their tax obligations during the Annual Employer Declaration ...

The South African Revenue Service (SARS) is urging South Africans to ensure that they are being charged the correct Value Added Tax (VAT) rate of 15%. This follows Treasury's U-turn on a 0.5 ...