Hi
Just a quick question. A taxpayer earns commission income (more than 50% of total income) and a travel allowance.
Can...
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"Small" equipment/tools threshold
What is the current threshold for considering a capital purchase a small tool (i.e. can be fully written off as an expense rather than depreciated)? I... -
VAT & depreciation on a vehicle bought for development
We develop electronic products and will be purchasing a vehicle (4 door sedan) for the purposes of developing some products with it. Eventually the car... -
Self developed Software Depreciation
I hope someone can help me: I have developed a software product myself, which I subsequently started selling trough a CC of which I am the sole member.... -
Leased Items excluded from Small Item write-off allowance
I was looking at the SARS allowable depreciation schedule and I see there is one important change worth noting when it comes to the small item allowance....
