- SABC seeks VAT exemption on TV licence fees to improve finances
- Exemption would allow SABC to retain the 15% VAT portion
- SABC CEO describes the move as a short-term financial benefit
- Proposal aims to add R100-million to SABC’s finances this year
- SABC faces financial challenges and seeks temporary solutions
- SABC Bill addressing funding model is stalled in parliament
- TV licences contribute 13% to SABC’s revenue with low compliance
- SABC considers increasing TV licence fees and introducing a streaming levy
- Streaming levy could face public resistance as an additional tax
- Current TV licence model is outdated due to changes in media consumption
Source: techcentral.co.za
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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