Many South Africans prefer to purchase clothing from international online stores which are now paying higher import duties.
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Someone is paying the price, say local competitors who are forced to pay 45% import duties plus VAT on orders. This is unfair if online offshore retailers continue to circumvent tax laws.
Many South Africans prefer to purchase clothing from international online stores which are now paying higher import duties.
Many South Africans prefer to purchase clothing from international online stores which are now paying higher import duties.
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Finance Minister Wale Edun has dismissed reports of VAT increase, confirming the rate remains at 7.5%, as per tax laws.
Finance Minister Wale Edun has dismissed reports of VAT increase, confirming the rate remains at 7.5%, as per tax laws.
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