The South African Revenue Service (SARS) has published updated interest rate tables dated 22 January 2026, including:
- Table 1 - Interest rates charged on outstanding taxes, duties, and levies and interest rates payable in respect of refunds of tax on successful appeals and certain delayed refunds, which is reduced from 10.50% to 10.25% with effect from 1 March 2026 (previously reduced from 10.75% to 10.50% from 1 November 2025); and
- Table 2 - Interest rates payable on credit amounts (over…