to China in the north and to South East Asia in the east. The impact of India’s civilizational evolution stimulated innovation and growth. From the largest temple in the world at Angkor Vat to the Buddhism of China, from trade with Mesopotamia and Greece to the creation of the decimal sys...
In terms of economic attributes, South Africa is an upper middle-income country with per capita income of $6,300. While this income level is dwarfed by that of developed countries (e.g. OECD at $40, 300), it is considerably higher than the sub-Saharan Africa average ($1, 500). Unlik...
As you can see, a nation with 1 percent growth (think Italy) will have to wait 70 years before the economic pie doubles in size. But a nation that grows 4 percent or faster each year (think Singapore) will double GDP in less than 20 years. So why am I plowing through all this mat...
It also breaches other EU Treaty articles. The ESM Treaty if ratified as it stands would effectively amount to an attempt to open a legal-political path to what France’s President Nicolas Sarkozy called for last November, namely “A Federation for the Eurozone and a Confederation for the rest...
Do I have to pay customs duties and fees when shipping to South Africa from the US? When orders reach South African borders, you need to pay customs duty and a 15% VAT on certain shipments. What’s the easiest way to ship something to South Africa from the US?
All amounts are stated inclusive of VAT, where appropriate. (i) CTT sold tours amounting to R12,000,000 to South African residents. These charges covered only the fee for the accommodation and guides, not the transport. (ii) 60% of the tours involved transport within South Africa only. ...
However, under the Kuwait tax retention regulations, all corporate bodies are required to retain 5% from each payment made to all beneficiaries until such time that the beneficiary provides a valid No objection letter issued by the KTA for the release of the retained amount. Bangladesh: ...
Amazon's easy ship programme imposesfees for parcel shipments based on the product's value and weight. For products valued up to R500 (VAT included) with an actual weight of less than 32kg, there is a flat fulfillment fee of R20 (VAT excluded). ...
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The government has already rolled outSARS E-filing across South Africa, requiring returns for tax and VAT to be submitted digitally. While most individuals and businesses are already registered on this system, a few are still reluctant to switch. So how can you help them take the leap to ...