SARS has increased the taxes on clothing imports to 45% plus VAT. This will have a massive impact on clothes ordered from platforms like Shein and TEMU to South Africa. In this video, I quantify the impact of this change that’s coming into effect from the 1st of July 2024.
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ACCOUNTANT EXPLAINS: SARS SKYROCKETS Customs duty and VAT When Buying Online To SA🇿🇦 (Calculations)
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