SARS: 2025/26 Annual Report

SARS: 2025/26 Annual Report logo

Summary:
The South African Revenue Service (SARS) has published its Annual Report for the 2025/2026 period.


Article:

The Annual Report presents a comprehensive account of SARS’s performance, achievements, governance, and financial results for the 2025/26 financial year. It highlights the progress made in delivering their mandate, advancing their strategic objectives, and creating value for South Africa.

Despite global challenges experienced during the latter part of the financial year 2025/26, SARS collected net revenue of R2 010.3 billion, representing 8.4% growth from the previous fiscal year’s collection of R1 855.3 billion. By the end of March 2026, SARS’ compliance programme contributed R319.2 billion, representing an increase of R15.2 billion or 5% growth from the previous year’s R304.0 billion.

Contents of the Annual Report:

  • Part 1. General information
  • Part 2. Performance information
  • Part 3. Governance & Risk Management
  • Part 4. Human Capital & Development
  • Part 5. PFMA Compliance Report
  • Part 6. Financial information

The Strategic Plans and related Reports are also available at https://www.sars.gov.za/about/annual-reports-strategic-plans/

Click here to download the 220-page Report:

https://www.sars.gov.za/wp-content/uploads/Docs/StratAnnualPerfplans/SARS-AR-31-%E2%80%93-Annual-Report-%E2%80%93-2025-2026.pdf 

Relevance to Auditors, Independent Reviewers & Accountants:

  • As an auditor and independent reviewer, you need to be aware of the latest publications by SARS.
  • Taxpayers should stay up-to-date with the latest developments mentioned in publications issued by SARS.

Relevance to Your clients:

  • Taxpayers should stay up-to-date with the latest developments mentioned in publications issued by SARS.

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