MCM Blog & Buyer Guides
MCM's blog delivers practical insights, equipment guides, customer success stories, industry news, and expert advice to help African construction, agricultural, mining, and material-handling businesses choose and operate machinery more efficiently and cost-effectively.
Financing — 8 articles
Equipment Finance South Africa: First-Time Buyer’s Guide
Quick answer Equipment finance is a loan or lease that is designed to spread the cost of a machine over its working life, so a first-time buyer provides a…
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Provisional Tax South Africa | Construction and Farm Guide
Quick answer Provisional tax is a method that is designed to spread an income-tax bill across the year, so a construction business or farmer provides SARS with…
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Tax Clearance PIN South Africa: How Construction Businesses Get a SARS TCS PIN
Quick answer A SARS Tax Compliance Status PIN is a secure code that confirms a business is tax-compliant, and it is designed to replace the old paper tax…
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Diesel Rebate in South Africa: Farming, Forestry and Mining Equipment Explained
Quick answer The diesel rebate is a refund scheme that is designed to return part of the fuel levy on diesel used in farming, forestry and mining, rather than…
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What Banks Actually Look at When You Apply for Equipment Finance
Quick answer Equipment finance approval is a decision that is designed to measure whether a business can repay a machine, so a bank provides funding only when…
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Section 12B and Farming Equipment: The Tax Deduction Farmers Don’t Know About
Quick answer Section 12B is a provision in the South African Income Tax Act that is designed to give farmers an accelerated tax deduction on qualifying movable…
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Can I Claim My Construction Equipment on Tax in South Africa? What SARS Says
Quick answer Claiming construction equipment on tax is a process that is designed to let a business recover the cost of a machine over time through a…
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Instalment Sale vs Financial Lease vs Operating Lease: Which Equipment Finance Structure Saves You the Most Tax in South Africa
Quick answer Instalment sale, financial lease and operating lease are the three main ways to finance equipment in South Africa, and each one is designed to…
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