How VAT Works When Buying Construction Equipment in South Africa
MCM Group supplies construction and agricultural equipment across South Africa — and understanding how VAT applies to your purchase can save your business tens of thousands of rands. Whether you buy a TLB, front end loader, or excavator, MCM branches in Cape Town, George, Gauteng, and Bloemfontein provide full tax invoices so you can claim […]
Provisional Tax South Africa | Construction and Farm Guide
Provisional tax in South Africa applies to all companies and to any individual earning more than R30,000 from non-employment sources — construction contractors, farmers, and equipment owners included. MCM Group explains how the IRP6 system works, when payments are due, and how equipment depreciation reduces your liability, from branches in Cape Town, George, Gauteng, and […]
Tax Clearance PIN South Africa: How Construction Businesses Get a SARS TCS PIN
A Tax Clearance PIN in South Africa — formally called a SARS Tax Compliance Status (TCS) PIN — is a digital verification code that government departments, municipalities and private-sector clients use to confirm your business is tax compliant in real time, making it essential for construction companies that tender for public work, register on the […]
Diesel Rebate in South Africa: Farming, Forestry and Mining Equipment Explained
MCM Group supplies diesel-powered agricultural and mining equipment to farmers, smallholders and mining operations across South Africa — with branches in Cape Town, George, Gauteng, and Bloemfontein — and many of our customers in qualifying sectors are entitled to claim the SARS diesel rebate on eligible fuel consumption. The on-land diesel rebate in South Africa […]
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 […]
Can I Claim My Construction Equipment on Tax in South Africa? What SARS Says
MCM Group explains how South African contractors can claim construction equipment tax deductions through SARS — including wear and tear allowances, Section 11(e) deductions, and capital allowances — with finance guidance from branches in Cape Town, George, Gauteng, and Bloemfontein. Yes, you can claim construction equipment on tax in South Africa. SARS allows businesses to […]
Instalment Sale vs Financial Lease vs Operating Lease: Which Equipment Finance Structure Saves You the Most Tax in South Africa
MCM Group helps South African contractors and farmers choose the right equipment finance structure — instalment sale, financial lease, operating lease, asset finance, or rent to own — with expert guidance from branches in Cape Town, George, Gauteng, and Bloemfontein. Equipment finance in South Africa comes in several forms: instalment sale (you own it from […]
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 […]