Tag: IllicitTrade
SARS’ targeted compliance programmes help achieve R2 trillion
The South African Revenue Service (SARS) recently surpassed R2 trillion in net revenue collection for the 2025/26 fiscal year. This milestone marks the highest revenue collected in the country’s democratic era. It also highlights SARS’s commitment to effective tax administration. In particular, SARS continues to enforce sanctions for non-compliance through SARS’ targeted compliance programmes. Despite several challenges, SARS has maintained strong performance.
Cigarette packaging – a marketing tool or a regulatory instrument?
Over the last several decades, governments worldwide have pushed strongly to regulate tobacco and tobacco products. Their goal is to reduce tobacco consumption. These efforts increasingly focus on stricter rules for cigarette packaging and related marketing practices. Beyond standardised packaging, governments now introduce complementary policies.
Inflation-linked excise – restoring stability in beer taxation
In a country facing a cost-of-living crisis and sluggish growth, certainty has become essential. Unemployment remains among the world’s highest, and families struggle to plan ahead. For businesses, investors and workers, knowing what tomorrow brings matters more than any single policy choice. Yet for more than a decade, South Africa’s alcohol excise system created the opposite outcome.
