@gblends_1: This is a tax write off , I always never understood it until now , but ok it just means you want to get taxed less contact MSH 0634510482 for any enquires, let's go #fyp #sars #buildinginpublic #entrepeneur #smallbusinesstax
Only a single Cab is covered for business write off
2026-08-30 12:23:09
280
feg :
tax is such a scam
2026-08-30 11:24:23
86
TeeP🇿🇦 :
Sars is a scam🤣🤣
2026-09-01 19:57:37
1
aariftcbsyp :
so if you sell it after 5 years the income from that Hilux does it become taxable income?
2026-08-30 08:25:52
50
Spospatuais :
Appreciate when people can spread thier knowledge
2026-08-30 09:31:36
125
Ruan Real Estate :
single cab bakkie will help with VAT aswell
2026-08-30 08:07:34
47
katlego Thema :
when you buy a new supercab ford ranger you can claim vat back at sars
2026-08-30 09:28:18
0
Mthethwa🙏omuncane🙌kagiso :
always make sure you company doesn't make profits on paper and always pays a certain company for using your company name and have some trust owing shares in that company 😉
2026-08-31 06:16:13
9
Keeran Govender :
buying a vehicle in a company's name is a scam, people don't consider the fringe benefit consequence and ultimately end up paying more tax
2026-08-31 06:17:51
3
MusandaL :
Bought me a nice Vclass, but Sars still came for a visit. 😏😏
2026-08-31 18:26:45
0
MARSHMALLOW -MK1 :
things they dont teach in school
2026-08-30 13:31:45
8
FakeCloudEngineer :
what happens if SARS discover that you are using your company vehicle for personal use
2026-08-30 10:06:33
2
Jayden Jansen :
Just the VAT on a single cab
2026-08-30 21:53:44
0
God D. SG :
So Then a write-off only makes sense if your profit is slightly above a certain amount that increases your taxes?
2026-08-30 07:29:19
16
PlayBoii Draco :
Understood nothing but I still watched till the end
2026-08-30 20:00:28
3
Bokang Motseki II :
I think iam dumb 😳😳😳
2026-09-01 20:54:21
2
Joiceey :
A chunk of my lecture in this short video🙏
2026-08-30 16:35:56
3
RudolphConnect :
High School Accounting, just gets more complex in University and in practice 🤣
2026-08-31 05:56:41
1
TopGee :
First of all, don’t buy a hilux it will leave you wanting something semi decent and above
2026-08-30 17:12:50
1
MrDark :
Practically, the fringe benefit relating to personal vehicles outweighs the tax deduction of depreciation. The employee (usually the owner) ends up paying more personal tax ( which is based on a sliding scale up to 45%), but less company tax (27%). Not worth it to have personal vehicles in the company's name.
2026-08-31 04:35:24
3
Rizaan Jappie :
But don't you end up paying less tax as a result
2026-08-31 13:08:54
1
JJ :
I need to learn more
2026-08-30 12:21:56
4
To see more videos from user @gblends_1, please go to the Tikwm
homepage.