Sars implementing interim tax changes for online shopping players

[mylesillidge]

Taxman cracks down on Temu and Shein in South Africa

The South African Revenue Service (Sars) has announced interim tax changes that will impact e-commerce players like Shein and Temu from 1 September 2024.

It will charge VAT on top of the flat 20% duty these importers currently pay. Further, permanent changes will follow in November.

 

[elf_lord_ZC5]

SARS is play catch-up with the minmows, while the big Gish just getting fatter not paying taxes. SHEM!!!

 

[Bliksis]

Jissis Miles is also at it. LOL

 

[elf_lord_ZC5]

Jissis Myles is also at it. LOL

FTFY

 

[Mirai]

Kieswetter recently revealed that tax loopholes exploited by international e-commerce players had resulted in fiscal losses of approximately R3.5 billion.

Money that stayed in the pockets of the local customers of these services. How is this a fiscal loss? And can SARS actually create some value for a change? Maybe produce a product which could be exported? Or does it only leech money from people who do?

He said Sars will turn to “the greater use of data, artificial intelligence, machine learning and algorithms to better facilitate trade while minimising risks to the economy”.

You don't need AI or high tech to know a government should serve all its people and not play up racial issues or favour only some.

 

[system32]

Aren't some goods excluded from duties. With this new rule, we will be paying more.

Don't believe the TEMU/Shein/protecting local industry - it's a trap to extract additional taxes from consumers.

 

[Swa]

Can we please decide if it was the de minimis rule exploited or not? Every article says something different.

 

[Swa]

Aren't some goods excluded from duties. With this new rule, we will be paying more.

Don't believe the TEMU/Shein/protecting local industry - it's a trap to extract additional taxes from consumers.

The 45% only applies to clothing.

 

[elf_lord_ZC5]

Can we please decide if it was the de minimis rule exploited or not? Every article says something different.

Because everyone has a different bullshit story. SARS probably doesn't know either. But too good an opportunity to miss for getting a little extra tax into the coffers.

 

[system32]

The 45% only applies to clothing.

From the article, SARS seems to changing the rules.
Was 20% on

Can we please decide if it was the de minimis rule exploited or not? Every article says something different.

Seems SARS is changing the de minimis rule.

Was 20% on any item below the threshold. Now 20% + VAT on all items and 45% + VAT on clothing.

In the excuse of protecting local businesses - many of the items are zero rated as they are no factories in ZA that make such items.

We are being scammed by SARS.

Where do we lodge inputs into SARS decisions?

 

[elf_lord_ZC5]

From the article, SARS seems to changing the rules.
Was 20% on

Seems SARS is changing the de minimis rule.

Was 20% on any item below the threshold. Now 20% + VAT on all items and 45% + VAT on clothing.

In the excuse of protecting local businesses - many of the items are zero rated as they are no factories in ZA that make such items.

We are being scammed by SARS.

Where do we lodge inputs into SARS decisions?

You just buy a bigger lube canister, better quality might not be amiss either.

Oh, and don't forget to thank Takealot for being retarded. It must feel very good when you screw your own third party sellers, because your balls are bigger than your brain. - Takealot.

Another thing, Takealot's mouth flaps faster than a street corner Prossie giving a BJ.

 

[Swa]

From the article, SARS seems to changing the rules.
Was 20% on

Seems SARS is changing the de minimis rule.

Was 20% on any item below the threshold. Now 20% + VAT on all items and 45% + VAT on clothing.

In the excuse of protecting local businesses - many of the items are zero rated as they are no factories in ZA that make such items.

We are being scammed by SARS.

Where do we lodge inputs into SARS decisions?

The 20% wasn't part or the de minimis rule. The de minimis rule doesn't apply to clothing where you pay 45%+VAT regardless. The 20% was an accounting concession on the total value of high value low volume shipments through OR Tambo airport and didn't have a threshold.

Sars is now going to exclude clothing from this and charge the full 45% + VAT but it doesn't apply to other goods.

Imho they are shooting themselves in the foot and underestimating how many duty free or low duty products are being sold by listening to these cronies. The 20% was calculated as an average of duties to simplify accounting. Now with clothing no longer being an incentive it might be better to treat some parcels as individual and skip duties which also means more administration for Sars.