All News
SARS Infects Cars
6/12/2008 12:00:00 AM
While most government departments are continually slagged off for being slow and incompetent, the South African Revenue Service continues to be one of the most well oiled money-extracting machines world-wide.
While most government departments are continually slagged off for being slow and incompetent, the South African Revenue Service continues to be one of the most well oiled money-extracting machines world-wide.
And they are making things even easier; as from the2008 tax year, they will gleefully tax the first 18000 km of your travel as private mileage, unless you have a valid log book.
mobiletripsheet is a mobile (you can install the software on both phones and PDAs) and web based application that allows you to record all your traveled kilometers, both business and private.
mobiletripsheet is a lot more than just a log of basic travel information. You can create exact time stamps of arrivals and departures, log fuel and other purchases and export data into Excel. Here’s a maths lesson: If you travel 29 000km and only 10 000km was for private travel then you’ll actually be losing out on over R24 000 in claimable tax.
TechSmart - Jun 2008