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SARS to Punish Tax Evaders

SARS

SARS has announced that it will intensify criminal proceedings against tax offenders from October.

In a statement released, the revenue collector warned South African taxpayers to “pay your taxes or pay the price”, after it had seen a large increase in taxpayers not submitting their returns within stipulated timeframes.

“We have noticed an increase in taxpayers not submitting their tax returns by the stipulated deadlines‚ and not settling their outstanding debt‚” SARS said.

“This is not limited to the current tax year but includes substantial non-compliance across previous tax years. It is for this reason that from October 2017 SARS will now intensify criminal proceedings against tax offenders.”

“Should any return result in a tax debt, it must be paid before the relevant due date to avoid any interest for late payment and legal action,” it said.

These punishments could include fines or even criminal prosecution, it said.

Late refunds

While SARS pushes to meet its deadlines, it has also recently come under fire for failing to issue refunds timeously.

On 4 September, the tax ombudsman found that SARS’ system had unfairly delayed payment of refunds to taxpayers.

The ombud said that the findings were not only based on complaints received during the previous tax year, but over the course of multiple years.

“In the period November 2016 to March 2017, we received no less than 500 such complaints; half of which were validated. While the number of complaints received is important, this is not necessarily indicative of the financial magnitude or impact of the problem because, one claim may run into millions,” it said.

“The impact of the withholding of refunds may be devastating to the taxpayer. What appears to be a small claim may have serious cash flow impact on that small taxpayer company, or an individual.”

In a statement in July, SARS said that it is important for taxpayers expecting a speedy payment to note that it has implemented additional risk processes in 2017, to ensure that both the legitimacy and accuracy of the refunds paid.

“SARS has an obligation to both taxpayers as well as to the fiscus to ensure that fraudulent and invalid claims are stopped,” it said.

“We are aware that taxpayers have an expectation that once they submit a return, which results in a refund, that this would be paid to them shortly thereafter. It must be noted that such refunds can only be paid once all SARS processes have been concluded.”

Source: Supermarket.co.za

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Another Petrol Hike

PETROL-HIKEMotorists have had to brace themselves for another whopping increase in the petrol price this week.

The price of both 93 and 95 octane petrol has increased by 67 cents per litre, the Department of Energy said.

Diesel will increase by 44c/l and the wholesale price of illuminating Paraffin by 49c/l. The retail price of LP Gas will go up by 86c/kg.
Last month‚ the petrol price went up by 19c/l.

And if that is not enough, the Central Energy Fund board chairperson has said that the fund is still busy calculating how much SA lost when 10.3 million barrels from its strategic fuel reserve were sold off in 2015.

The Central Energy Fund (CEF) can not yet say what price SA paid for the controversial sale of 10.3 million barrels of the country’s strategic oil reserves, or who now owns the stock, according to the chairperson of its board Luvo Makasi.

The secret sale by the Strategic Fuel Fund (SFF) – which is a subsidiary of the CEF – took place in December 2015, at a time when oil prices were at a historical low point.

Bloomberg reported last month that law firm Allen & Overy led an investigation into the sale, which included a recommendation that a financial analysis of the sale be conducted.

But the fact that the analysis was completed by embattled auditor KPMG SA has caused delays in making the report public.

READ: Energy Minister wants assurance on KPMG analysis of oil sale
Minister of Finance Malusi Gigaba last month advised all government departments and entities to review all work done by KPMG to ensure their audit processes had not been compromised.

First rotation, then sale

In March 2016, three months after the sale took place, then-energy minister Tina Joemat-Pettersson claimed in her annual budget vote speech that the fuel had not been sold, but rotated.

“In 2015, we issued a ministerial directive for the rotation of strategic stocks by the Strategic Fuel Fund and this has resulted in the increased revenue base for SFF, whilst at the same time maintaining stocks within our storage tanks for security of supply,” she said at the time.

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GSW Launch Major Digital Equipment at Fespa Africa

Launched-image

FESPA is an international organisation with offices across the globe that strives to support the print community through successful exhibitions, events and publications as well as through providing education and networking opportunities.

 

From the 13th to the 15th of September 2017, FESPA Africa was held at the Gallagher Convention Centre in Johannesburg, and was, from what the numbers show, a hugely successful event!

Hosting over 150 suppliers and attracting more than 6000 visitors, the exhibition of wide format digital printing, screen printing, garment decoration and textile printing was even bigger and even better than its 2016 predecessor.

Graphix Supply World (GSW) was invited to take part and used the opportunity to launch some of the printing industry’s most innovative new machines.

With Mimaki being one of FESPA Africa’s platinum sponsors, GSW, as the continent’s largest supplier of Mimaki products, was proud to introduce to the market several of the brand’s most cutting edge printers.

The JFX200- 2513 machine was one of the many models on display. A wide format flatbed printer, the JFX200- 2513, though smaller, has the same operational features as the larger JFX500-2131 printer. With the capability to print on thick substrates, it can produce a diverse range of prints for both indoor and outdoor use.

The TS30 model was very well received as a simple, entry-level sublimation transfer printer designed specifically with ease of use and versatility in mind. It comes equipped with a carefully selected set of features that allow users to bring high-mix, low- volume print productions in-house. Sublimation transfer printing is widely used for textile and sportswear applications due to the elasticity and quick-drying capability of polyester material as well as in the growing market for soft signage applications.

Also presented was the UJF 7151 model, which is a flatbed printer that features extreme accuracy for printing on sophisticated control panels as well as the TX300-1800 Direct to Textile Printer, which features hybrid application printing using two different inks at any one time to print on cotton and polyesters, dual ink dye sublimation and pigment inks, acid ink and reactive ink.

GSW’s Mimaki stand also saw the launch of the new and affordable BS200 and BS300 inks, which will allow more clients to realize their quality printing dreams.

In addition, GSW was excited to exhibit EFI’s new VUTEk GS3250LX Pro printer that makes use of innovative ink curing technology to extend the range of supported substrates while lowering operating costs. Eight-colour plus unique multi-layer white print capability and true grayscale technology allows users to take on new and exciting applications. With its production-level speeds and Continuous Print functionality, users of this machine will produce jobs faster and more efficiently at reduced cost, while handling more applications. With virtually no VOCs, fewer consumables, less waste, lower energy consumption, and the ability to print on recycled and other heat-sensitive materials without warping or head strikes, the VUTEk GS3250LX Pro has been hailed as the ultimate green printing solution for the industry of today.

Furthermore, GSW joined forces with ARISTO to present the never-been-seen-before SL1625 model precision cutter. Just one of the many models available from a range of robust and reliable cutters, the SL1625 demonstrates how the series is able to offer the optimal solution for the user’s cutting needs. With multitudes of custom-designed tool heads available to cut films, reflective vinyl, traffic and advertising signs, foam, plastics, laminates, technical fabrics, paperboard, wood, hardboards or even non-ferrous metals, the ARISTO SL Series can do it all and is thus a range that GSW is excited to promote.

With orders from GSW’s exhibition of these exceptional products at FESPA Africa totalling R34 million, it is clear to see that GSW is Africa’s number one supplier of digital technology.

For more information about GSW, visit their website at https://www.gsw.co.za or email marketing@gsw.co.za. Alternatively, you can call one of the various branches across South Africa and speak to an agent:

Cape Town: +27(0)21 511 5340

Johannesburg: (011) 444 9288

Durban: 031 502 6128

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Pomogranit Trade-in and Trade-up with Mimaki

Pomogranit

We had the pleasure of speaking to Vernon from Pomogranit about their recent Mimaki printer upgrade. Trading in the CJV30-130 model for the CJV130-150 last week, Vernon said that he is excited to see what the new machine will do for his business.

 

Pomogranit was started five years ago and strives to provide a cutting-edge solution to customers’ decorating needs. The company specialises in producing bespoke high quality wall art in the form of mounted canvases, wallpaper, plexi art, block mount posters, wood and vinyl cut outs. Pomogranit offers a full turn-key service, from concept to print to installation and all prints are handmade to order, ensuring that any and all customers’ customization requests can be met.

 

A company that prides itself on delivering only the best quality work, and with clients such as BRAND et al, Datacentrix and Cappuccinos Restaurant Group happy with what they have produced, Pomogranit is certainly a specialist print service to watch!

 

Looking to further grow their business, Vernon said that it only made sense for the team at Pomogranit to upgrade their equipment. Very pleased with their experience using the CJV30-130 model, Vernon said that he could not wait to see what the more advanced CJV130-150 could do.

 

The Mimaki CJV150 Series high-speed, large-format, solvent printer/cutter devices go beyond extraordinary to deliver a wide range of applications. Eco-Solvent inks in a variety of colors including silver, and advanced printing technologies means that companies like Pomogranit can produce anything in a single unit that fits their workflow. Precision cutting capability gives them the ability to deliver custom and short-run items such as labels, T-shirt transfers or package prototypes. With the Mimaki CJV150 Series printers’ superb quality, color fidelity and flexibility as well as cutting capability companies will go beyond the expected to increase their business and deliver more than their customers can imagine.

 

Vernon was delighted with the service that the company had received from GSW thus far and was eager to have our technicians come in to complete the process of setting up and installing their new machine.

 

For more information about Pomogranit, visit their website at www.pomogranit.co.za or contact Vernon directly on +27 82 819 4187.

 

To find out more about the Mimaki CJV130-150 that Pomogranit have recently upgraded to, have a look at GSW’s website, www.gsw.co.za, or email marketing@gsw.co.za. Alternatively, you can call one of their various branches across South Africa and speak to an agent.

Cape Town: +27(0)21 511 5340

Johannesburg: (011) 444 9288

Durban: 031 502 6128

GSW thanks Pomogranit for their business and we look forward to watching their growth as a company going forward!

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Primera installs first Mark Andy Digital One press

Primera-Digtial-One

Primera Polska has installed the first Mark Andy Digital One label press, which has increased capacity at the company by more than 800 percent since May.

The company, which began as a print broker and moved into production of short run labels in 2012, decided that it needed to increase its capacity for runs of 500-5000 labels printed in 4-color process.

Following a visit to Mark Andy’s showroom and demonstration facility, the company ordered a Digital One with CMYK toner printing and an in-line flexo unit for varnish or cold foil, as well as a die-cutting station.

The unit has been installed at Primera’s Zory production facility located in the southern region of Poland, allowing the company to better serve their customers by offering a 24-hour lead time on most jobs. Typically, Primera uses the digital label press to produce 125,000 labels of 200 different designs in under two hours.

Primera operates has a strict policy of keeping spare capacity for its premier customers, and has a select portfolio of sought-after label work that takes great care to retain. Currently, a large proportion of its business comes from the electronic cigarette market,  which are normally of a smaller format and requiring incredibly fine type.

Primera co-owner Sylwia Dudek: ‘The main benefits of the Digital One are that it can handle a variety of standard substrates without the need for pre-treatment, and without a “click” charge to pay, the only cost we incur is the inexpensive toner.’

Miroslaw Dudek, who is responsible for the technical side of the company, added: ‘The flexo station allows us to apply varnish or add a spot color, and the laminating unit allows us to use linerless material. There is a UV lamp for curing, and the rotary die station uses easy to change magnetic dies. After that, the matrix is removed, and the finished web rewound – simple, and all in one pass.’

The Mark Andy also has a very low power requirement, needing only 220V of single phase power during full-production mode. ‘We have noticed little increase in our monthly electricity usage since we installed it,’ added Sylwia Dudek.

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GSW Celebrate the birth of Jayden Kuweruza

baby-born

With a warm heart, Graphix Supply World wish to congratulate Hayton & Mada Kuweruza, staff members of GSW,  on the arrival of their baby boy Jayden Kuweruza.  The new addition will bring plenty of cuddles , fun times and sweet memories. May Jayden grow up to be as great as his parents! From everyone at GSW we wish you and your family everything of the best.

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Ink Freedom: Nazdar’s Stephen Woodall looks at Trends in Graphics Market

Trends-_-Nazdar

Following Stephen Woodall’s appointment as Global Market Segment Manager for Aqueous & Solvent Digital at Nazdar Ink Technologies earlier this year, he gives his insight into trends in the signage and graphics market. Based in Stockport, Stephen Woodall works closely with regional managers in territories across the globe and Nazdar’s UK- and USA-based R&D teams. He says that currently Nazdar is actively working with channel partners who want to specifically target markets and expand their customer network.

“The Nazdar 130 Series inks, our alternative to the Mimaki SS21 inks, have been a very popular addition to our product range, but recently we’ve also seen greater uptake of Nazdar 203 Series inks, which are a high-quality, more affordable alternative to ECO-SOL MAX 3 inks,” he comments. “Like all Nazdar’s alternative ink ranges, these two products are a close physical match in terms of performance, adhesion, colour vibrancy and outdoor longevity.

“Over the coming months I expect to see continued stability in the signage and graphics market, with demand remaining strong for exciting new products and greater efficiencies helping businesses to reduce their spend while retaining quality. A growing number of people are finding that a changeover to Nazdar inks is painless and trouble-free with no obvious difference except the cost.

“Everyone is looking for ways to reduce their overheads without reducing their quality, which is not a new development, but we are seeing the impact now in the form of increased interest in our free ink cartridge campaign.

“Nazdar has an ongoing programme of supplying an ink cartridge free of charge to graphics, packaging and industrial printers to be trialled in conjunction with their OEM inks. While we’ve always had good uptake in the UK and USA, at present we’re seeing an increased interest from other geographic regions. The campaign offers the opportunity to try out Nazdar inks risk-free, which growing numbers of print businesses seem inclined to do.

“Furthermore, these ink cartridges are provided to each customer by their local resellers who know the market and can provide tailored advice and any support they might need. Customers aren’t just receiving a single ink cartridge through the post; they’re building a relationship with a fellow local company with whom they can work in the future. This reflects a wider trend of people preferring to invest in local, independent businesses and receiving more personal customer care.”

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EFI to Showcase ERP Workflow Innovations

Efi-Label-Expo

Label printers can drive greater value with comprehensive digital print workflow and ERP and innovative LED inkjet technologies featured in the EFI exhibit at Labelexpo Europe 2017.

EFI’s stand featured the new version 5 of EFI’s Packaging Suite workflow software. The EFI stand also showed the enhanced EFI Jetrion 4950lxe LED inkjet narrow-web press with white ink, driven by advanced EFI Fiery digital front ends (DFEs) for digital label production. 

“EFI’s products – including inkjet printers for short- to medium-run digital label and packaging and production, Fiery DFEs, and EFI’s industry-leading offering of packaging MIS/ERP software – give converters the tools they need to simplify workflows, collaborate quickly, and focus on profitability,” said Paul Cripps, EFI Vice President of Sales, EMEA Operations.

Versatility and quality with low-migration inks and high-end imaging
EFI’s highly productive Jetrion 4950lxe LED inkjet narrow-web digital label press helps customers create new opportunities with its expanded capabilities. Converters can extend their food-packaging applications into digital label production thanks to the press’s new low-migration ink for non-food-contact surface production. The press also offers higher-end imaging, plus users can achieve increased durability and gloss level control using EFI Armor UVF and UVR coatings.

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Seatbelt Medic Invests in Mimaki UJF 3042HG

Seatbelt-Medic

Seatbelt Medic specialises in automotive safety accessories, its top-line product sharing the name of the company. The Seatbelt Medic is a Medi-Wallet designed to carry two information cards, one containing an individual’s medical particulars such as his/her medical aid scheme, blood group and prescribed medication, and the other containing the individual’s photograph and next of kin details. It is attached to a motor vehicle’s seatbelt, and in the event of an accident, it makes the job of a paramedic easier, saving precious time. It was designed, patented and developed about two years ago. The company also manufactures safety flags for trailers (designed to keep the driver aware that the trailer is attached to the vehicle).

Previously, Seatbelt Medic had been outsourcing to a number of service providers but time and cost created the necessity to do everything in-house, from moulding to branding and packaging. To do this, the company purchased a Mimaki UJF 3042HG, which brands the company’s Seatbelt Medic and flag products. It was bought based on its ability to print on a versatility of materials, including polyester, plastic, Perspex, glass, timber, steel and tiles. Business founder Shawn Garrett said that the company also outsources the machine for all other types of corporate branding.

According to Garrett, the machine can brand up to 15 Seatbelt Medic units in the space of four minutes – this equates to 225 units per hour, and 1800 units over an eight hour shift. ’Since purchasing the machine, we have sped up our production process and improved our turn-around times. Not only are we saving a lot of time, but money too. We were previously contracting the branding out, and the costs were astronomical. The quality and full colour branding of the Mimaki UJF 3042 is absolutely amazing, and in my opinion is second to none.’

‘The service from GSW was absolutely phenomenal, they have been there for us from day one,’ added Garrett. ‘We were given a demonstration and were shown exactly what the machine was capable of. I am very happy with the purchase, and look forward to working closely with GSW for many years to come.’

GSW Sales Director Darryl Braithwaite commented, ‘When I showed Shawn what the costs of outsourcing their printing were, they realised that it was vital that they bring printing in-house. Not only were the savings on ink and print costs important, but so was the control over their workflow and delivery times. Not being at the mercy of an independent printer factored into them purchasing the Mimaki UJF 3042.’

‘Seatbelt Medic have purchased state of the art equipment that is ideally suited to what they need to do, and what they intend to accomplish. It also opens up plenty more additional avenues, and the scope for growth is immense. Seatbelt Medic have now placed themselves in the elite field of promotional and direct to object printing, and with any new products they launch, they are well-placed to capitalise on them immediately,’ added Braithwaite.

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Fespa Africa Expo Reports Highest Unique Visitor Count

Fespa-Africa-biggest-yet

The FESPA Africa and Sign Africa Expo held last month at Gallagher Convention Centre was a major success, with 5839 unique visitors from South Africa and international countries, exceeding the 5592 unique attendees from the 2016 event.

Visitors from 20 African countries attended the event. The top 10 countries with visitors from outside of South Africa included: Zimbabwe, Botswana, Lesotho, Nigeria, Mozambique, Namibia, Zambia, Swaziland, Ghana and Tanzania.

Visitors could take part in a range of educational features, Textile Talks, T-shirt and bag printing workshops, Corel Workshops, the Speed Wrap Challenge and business opportunities from GSW, in print, signage and LED lighting, which were held on various exhibitors’ stands.