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2025 Legal and Policy

Legal and Policy - 7 August 2025

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SARS

  • 31 July 2025 – South Africa recorded a preliminary trade balance surplus of R22.0 billion in June 2025. This surplus was attributable to exports of R170.7 billion and imports of R148.6 billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN).

See the full Media Release here.

Or visit the Trade Statistics webpage.

· Notice by the Minister specifying documents released by the Inclusive Framework that apply for the purposes of the Global Minimum Tax Act, 2024

  • 31 July 2025 – Customs and Excise Act, 1964: The tariffs amendments notice, scheduled for publication in the Government Gazette, relates to the amendments to –

· Part 1 of Schedule No. 1, by the substitution of tariff subheadings 1701.12, 1701.13, 1701.14, 1701.91, and 1701.99, to increase the rate of customs duty on sugar from 282.85c/kg to 364.68c/kg in terms of the existing variable tariff formula (ITAC Minute 04/2025).

Publication details will be made available later

  • 1 August 2025 – Income Tax Act, 1962

· Table 3 – Rates at which interest-free or low interest loans are subject to income tax

  • 4 August 2025 – The state provides state warehouses for the safekeeping of goods. These are managed by Customs. The purpose of this list of unentered goods is to notify the importer, exporter and any other person that has interest in the goods that the goods have been taken up into the State warehouse and if they remain unentered they will be disposed in accordance with the provisions of the Customs & Excise Act.

See the latest Customs Weekly List of Unentered Goods here.

Tariff heading 9018.12 does not require a Letter of Authority.

New Tariff headings were added:

    • 2710.19.07
    • 2710.19.09
    • 2710.19.15
    • 2710.19.26
    • 2710.19.30
    • 2710.19.35
    • 2710.19.37
    • 2710.19.39
    • 2710.19.45
    • 2710.19.47
    • 2710.19.49
    • 2710.19.52
    • 2710.19.55
    • 2710.19.57
    • 2710.19.60
    • 2710.19.70
    • 2710.19.80
    • 2710.19.90
  • 6 August 2025 – Achieving our Vision of a smart, modern SARS with unquestionable integrity that is trusted and admired is of paramount importance. Pivotal to the delivery of our vision are our digital platforms and technology infrastructure. To provide clarity and certainty, make it easy for taxpayers and traders to comply with their obligations and building public trust and confidence, our technology assets must demonstrate the highest levels of availability, robustness and security.

In accordance with our Vision and Strategic Objectives, which include modernising our systems to provide Digital and Streamlined online services, we are hard at work ensuring that our digital platforms and technology infrastructure are available, robust and secure, by performing regular upgrades, enhancements and maintenance. Considering the above, SARS Digital platform maintenance is scheduled for: Friday, 08 August 2025 from 16h00 to 06h00, Saturday 09 August 2025. During this time, you may experience intermittent service interruption on our eFiling, Tax and Customs Digital Platforms.
Responses (CUSRES messages) to transactions submitted during this time will be delayed, however, arrival and exit management functions are available at land border posts for all released declarations and manifests.
Stakeholders are therefore urged to submit all Goods Declarations (bills of entry) and Road Manifest, especially those deemed priority, by Friday, 08 August 2025 @ 14h00.

  • 6 August 2025 – Customs and Excise Act, 1964

· Draft amendments to rules under sections 77H and 120 – Internal appeals 6 August 2025

Due date for comment: 20 August 2025

  • 6 August 2025 – Income Tax Act, 1962: Updated Tables of Interest Rates

· Table 3 – Rates at which interest-free or low interest loans are subject to income tax (re-published to the correct the effective date published on 1 August 2025)

NATIONAL TREASURY

ATAF

SAFLII

AuthorLegal and Policy
DivisionTax
Categories
Legal and Policy
Date7 August 2025