Hi, is the threshold still R7,500 excl Vat or has it increased?
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Hi, is the threshold still R7,500 excl Vat or has it increased?
Sent from my SM-A315F using Tapatalk
The threshold from a Tax Wear and Tear Depreciation Allowance point of view remains at R7000 per 4.3.5 of this document from SARS dated 9 February 2021.
This figure will exclude VAT if you are a registered VAT vendor, the VAT is claimable as Input VAT, and the wear and tear depreciation allowance claim is permissible.
Participation is voluntary.
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hello
Help how do i do a cash flow statement.
Thanks Dave, I appreciate you taking the time.
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