Business In The News South Africa

Sars’ deadline looms for taxpayers to declare foreign assets and income

JOHANNESBURG, August 29 – The South African Revenue Services (Sars) on Tuesday dispelled rumours that there was an extension to the Special Voluntary Disclosure Programme (SVDP), saying that the closing date is imminent The SVDP is a once-off opportunity to disclose off-shore assets and income by taxpayers with undeclared foreign assets or income with the benefit […]

In The News South Africa

Sars busts 26kg of cocaine worth over R7 million at OR Tambo airport

JOHANNESBURG, July 21 – The South African Revenue Services (Sars) on Friday, said customs officials and drug detector dogs at OR Tambo International Airport in Johannesburg intercepted 26kg of cocaine cosmetics estimated at around R7.4 million from Sao Paolo, Brazil, in transit to the Democratic Republic of Congo. “The shipment of narcotics was discovered when […]