Streaming issues? Report here
CapeTalk logo 2017 1500 x 1500
Best of Talk
01:00 - 04:00
volume_up
volume_mute

Up Next: Early Breakfast with Abongile Nzelenzele
See full line-up
Best of Talk
01:00 - 04:00
Home
arrow_forward
Business

'China Town traders are tax compliant and it's dangerous to pick on one group'

25 June 2019 7:55 AM
Tags:
China
china mall
Steve Kruger of the China Town Trust responds to complaints that stores are not properly registered for tax purposes.

The stores at various China malls have a reputation for selling goods at bargain prices and are therefore popular for those wanting to get a good deal - but are they tax compliant?

CapeTalk's Breakfast Show received a number of calls last week encouraging the public not to support these shops, as they don't pay tax.

Kieno Kammies speaks to Steve Kruger of the China Town Trust to find out if the shops trading at their outlets are properly registered for tax purposes and whether their merchandise is properly accounted for in terms of import duties.

The trust helped set up the three China Town malls in Ottery, Sable Square and Parrow in Cape Town and act as landlords.

We let the spaces to Chinese traders.

Steve Kruger - China Town Trust

It's very dangerous to generalise and pick on one group and say they are misbehaving.

Steve Kruger - China Town Trust

The trust has 140 tenants across the three venues.

Every one of them has to sign a formal lease and all of them are Fica'd, and because we have all of these centralised tenants, we have had issues with Sars, Customs and the Department of Labour in the past.

Steve Kruger - China Town Trust

He says interpreters were brought in to facilitate proper engagement between the parties.

All of our tenants, I think I can say with confidence, are registered taxpayers, many are registered to pay VAT, and as far as possible comply with Department of Labour regulations.

Steve Kruger - China Town Trust

As far as China Town goes, we are tax compliant and now most traders have credit card machines. So if they take cash, it is probably the customer that is wanting to pay cash...and taking cash does not mean they are not tax compliant.

Steve Kruger - China Town Trust

Listen to what Kruger has to say below:

Subscribe to our Business Wrap Newsletter


25 June 2019 7:55 AM
Tags:
China
china mall

More from Business

telephone call centre.jpg

Does the answer to SA's job crisis lie in the country's call centre industry?

21 October 2019 5:14 PM

Ian Ohlson says the call center industry in South Africa is flourishing and has become an engine for job growth and opportunity.

Share this:
Read More arrow_forward

radio-micjpg

Why more than 40 community radio stations in SA may get shut down

21 October 2019 4:39 PM

The forum for community radio stations in South Africa explains why 43 community radio stations across South Africa face closure.

Share this:
Read More arrow_forward

meetings-memejpeg

Meetings, meetings, meetings? When a meeting should really just be an email

21 October 2019 7:35 AM

Clinical psychologist and organisational development specialist, Lauren Davis explains what meetings should be used for.

Share this:
Read More arrow_forward

191018gwedegif

Analyst Chris Yelland gives Mantashe's energy plan a thumbs up

18 October 2019 4:54 PM

Government's new energy plan has been announced as the country deals with load shedding caused by Eskom's low generating capacity.

Share this:
Read More arrow_forward

160525HoutBayImizamoYethu.jpg

Meet Johnny Miller, the man using drone photography to change peoples' views

18 October 2019 2:46 PM

Photographer Johnny Miller discusses the impact of his moving work and how he captures his eye-opening images.

Share this:
Read More arrow_forward

171127natasha-mazzonejpg

'It turns out DA MP Natasha Mazzone was right about load shedding'

18 October 2019 1:34 PM

Last month, Eskom shut down claims by the Democratic Alliance that load shedding was on the cards.

Share this:
Read More arrow_forward

ea23d8d2-1283-4d6b-9bb6-dc96aad1f1cf.jpg

City says it will re-evaluate R100 lease fee once CT Stadium brings in money

18 October 2019 1:10 PM

Cape Town stadium will be leased to a municipal body that's subsidised by the city for R100 per annum.

Share this:
Read More arrow_forward

cemairjpg

Aviation body re-issues CemAir operating certificates

18 October 2019 11:30 AM

Sacca executive for corporate services Phindiwe Gwebu says the airline has given them an assurance that all issues are resolved.

Share this:
Read More arrow_forward

cards

Are 'tap and go' cards safe? Maybe, suggests this case involving Standard Bank

18 October 2019 10:23 AM

Handsfree pickpocketing is a myth, says consumer journalist Wendy Knowler. But risks remain, suggests a case she took on.

Share this:
Read More arrow_forward

Mara Group

Dubai-based Mara Group opens South Africa’s first smartphone factory

18 October 2019 9:18 AM

The Money Show’s Bruce Whitfield interviews Toby Shapshak (Publisher at Stuff magazine) about the R1.5 billion investment.

Share this:
Read More arrow_forward