South African Internet users purchasing goods, especially virtual services and content, from international suppliers are hurting the fiscus and making local businesses less competitive. That’s the view of a tax specialist at auditing firm Deloitte, who says VAT is seldom levied on these purchases
Browsing: Pravin Gordhan
The South African Revenue Service has introduced a new automated customs system that combines 26 previous systems and is intended to speed up the processing of goods at borders, cut back on corruption and make the country a more attractive gateway to Africa
The South African Revenue Service (Sars) has introduced a new digital customs management system at border posts, finance minister Pravin Gordhan said on Thursday. “This is a very important milestone,” Gordhan told media at Megawatt Park in Sunninghill, Johannesburg. “We would be one of the few countries
Finance minister Pravin Gordhan has previously slapped down plans by the SABC for a 24-hour news channel, saying “this is not the time for vanity projects”, but that has not stopped the public broadcaster steaming ahead to the launch of its satellite project on 1 August
It looks likely that Internet users will have to tighten their belts from next year. Finance minister Pravin Gordhan has raised the idea of introducing a tax on broadband use from 2014.
The minister has suggested that a rate of 50c/MB should apply, with a built-in escalation in the rate in subsequent tax years
In case you missed his first contributions, Jerm (also known as Jeremy Nell) has joined the TechCentral editorial team. Jerm, whose current affairs cartoons are widely talked about, is contributing an exclusive tech-focused weekly cartoon, called Backspace. “With Backspace
Government wants to begin taxing virtual goods sold online by foreign companies, including e-books and downloaded music. These companies should be required to register as value-added tax (VAT) vendors, finance minister Pravin Gordhan said in his national budget speech in parliament
The Square Kilometre Array (SKA) and MeerKAT radio telescope projects have been allocated R1,9bn over the next three years, according to the 2013 national budget tabled by finance minister Pravin Gordhan on Wednesday. A large portion of the international SKA project
The SABC has been left red-faced over the loss of its planned 24-hour news channel on DStv after the well-connected Gupta family seized the gap. Few at the SABC appear to have been aware that the Gupta channel was even in the offing, although the broadcaster must have been in regular contact
Government spending over the next two years will stick to the medium-term forecasts announced in February, finance minister Pravin Gordhan said on Thursday. In his 2012 medium-term budget policy statement, tabled in parliament, he said the third year (2015/16) would see