SARS - Customs / Import Duties

The attached link gives you a perfect overview of all existing regulations re. import duties in South Africa.
www.sars.gov.za/home.asp?pid=2630

GRANTS for tourism and manufacturing industries

The Department of Trade & Industry has launched a new incentive scheme called the 'Enterprise Investment Programme' (EIP), which caters for Manufacturing activities under Manufacturing Investment Programme (MIP) and Tourism activities under the Toursim Support Programme (TSP).
The EIP rewards qualifying entities that wil be investing in qualifying assets with a Tax Free non-refundable Cash Grant that is claimable over 2 to 3 years, depending on the value of the qualifying assets. New or expanding businesses may apply.

http://www.dti.gov.za/teo/eip.htm

The Business of going Green

The Business of going GREEN:
Here are a few things businesses can do to become environmentally responsible while cutting costs.

1. Being Carbon neutral
2. Energy savings, Cost savings
3. Triple Bottom Line
4. VoIP instead of travel

For more information, have a look at www.harmoniousliving.co.za

ALIBABA - Trade with the world

Access the world's largest online import-export marketplace. www.alibaba.com
Find exactly what you need. More than 3,600,000 members in more than 200 countries and regions! Millions of product and supplier listings! More than 30 industry categories and over 5,000 product categories!

JOBS IN CAPE TOWN

For one of the keyplayers in the call centre industry, currently 12 German speaking people who are looking for new opportunities are needed desperately.
The vacancies should be filled by 01-June-2008 at the latest. The prospected candidates should have extended experiences in the call centre industry with focus on travel & tourism - only inbound calls (customer service)! If interested, get in touch with us - provide us with your professional CV, including references and a motivation letter.

Send your details to:
recruitment@prime-solution.com

If you have not been contacted within two weeks, please regard your application as unsuccessful.

TAX ADVICE by SARS

The South African Revenue Service (SARS) is offering free of charge regularly tax workshops for small businesses. The tax workshops take place two half-days a week, each half-day is having two workshops. Have a look on SARS website www.sars.gov.za
These workshops are very helpful and focused on small businesses. You will also get a full copy of each of the presentations and the presenters are very knowledgeable.

Value-Added Tax (VAT) - changes

A vendor is required to register for VAt when his turnover in a 12 month period is likely to exceed R1 mio (previously R300.000). Where the turnover is less than R1 mio, but exceeds R20.000 (R60.000 in the case of commercial establishments) in a 12 month period, a vendor can register voluntarily.

The threshold for compulsory registration increases from R300.000 to R1 mio!

NOTE:
This change comes into effect once the government has finally agreed on. Currently it is a proposal, but it is very likely that it will be decided on by mid of this year.