All news by: Lynn Alaraju Tax-Free Company Transport – How to Benefit from This Provision 26 June 2019 Lynn Alaraju 0 comments Transport to and from work is a daily struggle for many South Africans and as a result, many businesses provide transport for their employees. In recognition of this necessity, SARS has introduced Paragraph 10(2)(b) of the Seventh Schedule to the Income Tax Act to provide this service at “no value” for tax purposes. Lynn Alaraju of Moore Stephens Johannesburg takes a closer look. Read more
Tax-Free Company Transport – How to Benefit from This Provision 26 June 2019 Lynn Alaraju 0 comments Transport to and from work is a daily struggle for many South Africans and as a result, many businesses provide transport for their employees. In recognition of this necessity, SARS has introduced Paragraph 10(2)(b) of the Seventh Schedule to the Income Tax Act to provide this service at “no value” for tax purposes. Lynn Alaraju of Moore Stephens Johannesburg takes a closer look. Read more