HeyYou Posted October 13, 2014 Posted October 13, 2014 That's basically fraud. I'm not going to be high and mighty, but it's an option you can take if you are ok with it. One day a bicycle, the next day Nkandla. Yes, according to existing laws. But as far as SARS is concerned, the whole Mark Shuttleworth saga suggests that not all these laws are good laws! I'm not saying that VAT shouldn't be due, but more than that I suggest is debatable. Just IMHO, tired of paying taxes and getting little, or nothing, for them. Edit: Awful grammar!
droo Posted October 13, 2014 Posted October 13, 2014 One day a bicycle, the next day Nkandla. You're gonna need a bigger suitcase.
Captain Fastbastard Mayhem Posted October 13, 2014 Posted October 13, 2014 Yes, according to existing laws. But as far as SARS is concerned, the whole Mark Shuttleworth saga suggests that not all these laws are good laws! I'm not saying that VAT shouldn't be due, but more than that I suggest is debatable. Just IMHO, tired of paying taxes and getting little, or nothing, for them. Edit: Awful grammar!The difference being that he paid it and then fought to get it back, whereas in this situation they were trying to avoid paying it at all.
isabellameyer Posted October 13, 2014 Author Posted October 13, 2014 Hi! Remember me, my question was about customs and taxes. Please refrain from turning this into a political discussion. Really irritating. ISABELLA
NixM Posted October 13, 2014 Posted October 13, 2014 Hi! Remember me, my question was about customs and taxes. Please refrain from turning this into a political discussion. Really irritating. ISABELLA Welcome to theHub, you have no contol over a thread, even if you started it. Don't let it get to you it actually can be entertaining at times.
rouxtjie Posted October 13, 2014 Posted October 13, 2014 Hi! Remember me, my question was about customs and taxes. Please refrain from turning this into a political discussion. Really irritating. ISABELLAHi! Your question has been answered.... If its still to vague, give these guys a call http://www.sars.gov.za/Pages/default.aspx ...no need to thank
Meerkat82 Posted October 13, 2014 Posted October 13, 2014 This is one the reasons I love the hub....had to laugh Rouxtjie...
Captain Fastbastard Mayhem Posted October 13, 2014 Posted October 13, 2014 Okay, it seems that the 30% duty was a bit off. The ACTUAL duty is 15%. On top of that there's VAT and a 10% vat calculation / handling fee. So if the bike cost, for arguments sake - ZAR 10,000 - your friend could claim back ZAR 1,667 for the UK VAT (at 20%) and then the bike SHOULD be calculated at a value of R 8,333.33. Should. You then take that R 8,333.33 and add 15% (duty) to it, and then another 10% (VAT calculation levy) and then 14% (VAT) to get an extra 44.21% on top of the R 8,333.33. Which gets you to: R 12,017.49 In essence, this means that you need to add 20% to the UK price, or 44.21% to the UK ex-VAT price, in order to determine what you need to pay Customs upon arrival. Remember - only your friend will be able to claim the UK VAT back, as it will be reflected against his / her passport and plane ticket.
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