Host Evan Pickworth interviews Carlyn Frittelli Davies and Mansoor Parker from ENS
16 September 2024 - 09:00
byEvan Pickworth
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Fashion can be a taxing business and in this edition of Business Law Focus, host Evan Pickworth interviews Carlyn Frittelli Davies and Mansoor Parker from ENS on the industry’s battle between profit, people and planet.
Join the discussion:
The Context
SA consumers have expressed dissatisfaction with the announcement from the SA Revenue Service (Sars), in reaction to the request from the retail clothing textiles, footwear and leather (RCTFL) sector, that clothing imported through e-commerce platforms such as Shein and Temu will attract VAT from September 1 2024, and full customs duties of 45% from November 1 2024. This type of government reaction is not limited to SA as countries turn to tax systems to protect local industries from fast fashion.
Meanwhile, while textile waste is growing in SA, the issues are unique and centre on protection of the industry against the influx of more affordable clothing. It is hoped that the increase in custom duty and VAT for “small” clothing imports will level the playing fields for our local industry.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
BUSINESS LAW FOCUS
PODCAST | Fashion can be taxing
Host Evan Pickworth interviews Carlyn Frittelli Davies and Mansoor Parker from ENS
Fashion can be a taxing business and in this edition of Business Law Focus, host Evan Pickworth interviews Carlyn Frittelli Davies and Mansoor Parker from ENS on the industry’s battle between profit, people and planet.
Join the discussion:
The Context
SA consumers have expressed dissatisfaction with the announcement from the SA Revenue Service (Sars), in reaction to the request from the retail clothing textiles, footwear and leather (RCTFL) sector, that clothing imported through e-commerce platforms such as Shein and Temu will attract VAT from September 1 2024, and full customs duties of 45% from November 1 2024. This type of government reaction is not limited to SA as countries turn to tax systems to protect local industries from fast fashion.
Meanwhile, while textile waste is growing in SA, the issues are unique and centre on protection of the industry against the influx of more affordable clothing. It is hoped that the increase in custom duty and VAT for “small” clothing imports will level the playing fields for our local industry.
Subscribe: iono.fm | Spotify | Apple Podcasts
MORE PODCASTS:
PODCAST | How IP law supports women empowerment
PODCAST: What must still be done to live up to Nelson Mandela’s human rights legacy
PODCAST | Green shoots for SA’s junior miners
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.