Section 12B and Farming Equipment: The Tax Deduction Farmers Don’t Know About
MCM Group explains how South African farmers can use the Section 12B farming equipment tax deduction to write off 50% of new machinery in year one — with TLBs, front-end loaders, excavators, and wood chippers available from branches in Cape Town, George, Gauteng, and Bloemfontein. Section 12B of the Income Tax Act lets South African […]