Online Trading

The Department of National Treasury recently announced that they would be going forward with the VAT-ing of downloadable digital goods, after it was introduced in last year’s budget speech.

This means that foreign suppliers of all downloadable digital content including software, movies, eBooks, images, music, games, e-courses, auctions, ringtones, etc., will have to register for value-added tax if they want to continue selling to South Africans.

Traderz *

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