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 […]
Understanding the 50:30:20 Wear & Tear SARS Tax Allowance Scheme
https://mcmgroup.co.za/wp-content/uploads/2024/07/tax.mp4 SARS wear and tear allowances can significantly reduce the tax burden on heavy equipment owners. Maximize Your Feb 2025 Year End Tax Savings with MCM’s Finance Deal!! MCM Group has branches in Cape Town, George, Gauteng, and Bloemfontein. Need help choosing the right machine? Contact MCM Group for expert advice and a competitive […]
The Importance of Preventative Maintenance in Maximizing Equipment Efficiency – by the MCM Group
Enhance Equipment Performance with Preventative Maintenance – MCM Group Machinery & Equipment Preventative maintenance (PM) is essential for ensuring the longevity, efficiency, and reliability of construction and agricultural equipment. At MCM Group (www.mcmgroup.co.za), we provide high-quality machinery and equipment for sale, along with tools like our Maintenance Schedule Form to help you keep your machinery […]