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SARS imposes additional taxes on small international imports to South Africa

  • Writer: Michael Kransdorff
    Michael Kransdorff
  • Jun 15, 2024
  • 1 min read

Import tax loophole for international online retailers like Temu and Shein to be closed


SARS increases international import tax on small value items
SARS increases international import tax

Under pressure from the local retail industry, SARS has closed a major import tax loophole for international online retailers like Temu and Shein.


From 1 July, you will have to pay import duties and VAT on all imports, no matter the size. This will see a large increase in the cost of buying online.


BusinessdayTV asked for our views on the changes. Watch the interview here



 
 
 

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