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You are here: Home / News / SARS is coming after bank accounts in South Africa, hunting for R520 billion | SA News

SARS is coming after bank accounts in South Africa, hunting for R520 billion | SA News

4 February 2026 by Guest

Staff Writer
 ·3 Feb 2026

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The South African Revenue Service (SARS) has identified R523 billion in undisputed debt on its books, which experts say will be aggressively pursued by the taxman in 2026.

The revenue service confirmed the figures as of December 2025. The number is not an estimate or tax under dispute or question; it’s money already owed.

“It is money that SARS accepts is legally due, final and payable. In simple terms, it is tax that should already have been collected,” said Tax…

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Category: NewsTag: Alerts, Google, News

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Previous Post:Steenhuisen Says; “Mission Accomplished” and Resigns as Leader
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Reader Interactions

Comments

  1. Kabuki

    1 September 2026 at 10:20 am

    Fun South African Fact: The world’s largest visible crater is in South Africa.

  2. Sky Herald

    25 August 2026 at 8:44 pm

    The quickest means of communication is to trust a girl with a rumor and then make her vow not to tell

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