Motor Vehicle claims

Business Structure Sole trader You can only claim motor vehicle expenses that are part of the everyday running of your business. If the vehicle is used for both private and business purposes, you must exclude any private use. Cents per km method logbook method For all other vehicles, you can’t use the cents per kilometre … More Motor Vehicle claims

R & D Tax Incentives

An eligible R&D entity must undertake at least one core activity. Excluded activities include market research, exploring for minerals or petroleum, management studies and research in social sciences and humanities, among other things. The benefit received for incurring eligible expenditure on R&D activities depends on the aggregated turnover of the R&D entity. Entities with an … More R & D Tax Incentives