Phone at your peril

25 April 2016 - 02:14
By Wendy Knowler

The weak rand continues to cause us financial pain in all sorts of unexpected ways, both at home and abroad.As reported in this column recently, a recipient of a gift sent from another country valued at more than R400 will have to pay hefty customs duties and VAT because the value limit has not been adjusted in 22 years, despite the value of the rand declining drastically over that period.

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