Motor Cars and VAT - A Practical Guide for Business

VAT rules for business vehicles can be complex. In this article we look at the definition of a 'motor car' and the consequences when claiming input VAT on vehicle purchases, modifications, and maintenance. Read more for practical examples, explanations and guidance on handling VAT adjustments if a vehicle’s purpose shifts from business to private use, ensuring accurate VAT treatment and compliance.

Sign up to read this post
Join Now
Previous
Previous

Tax Obligations of South African Tax Residents on Foreign Income

Next
Next

The Medium-Term Budget Policy: What It Means for Accountants