Hi Dorus,
I was about to ask the same question: I am moving to Pretoria in October and the company has offered to facilitate a lease car OR they will buy a company car and I can use it for private purposes. However, I would like to know what the tax implications are of both options (both for the company, as I will be managing the budget, and for my personal taxes).
I hope someone can help me out with this?
Thanks in advance.
Ilona
I was about to ask the same question: I am moving to Pretoria in October and the company has offered to facilitate a lease car OR they will buy a company car and I can use it for private purposes. However, I would like to know what the tax implications are of both options (both for the company, as I will be managing the budget, and for my personal taxes).
I hope someone can help me out with this?
Thanks in advance.
Ilona