THE BLOG: Tax, SARS, Savings, etc
What is the Little LogBook?Little LogBook is an uncomplicated solution to a pressing problem in South Africa. Current tax laws require that ALL taxpayers with a car allowance submit a detailed logbook of business mileage. Without this logbook, the monthly tax benefits received are lost and the shortages would need to be paid back to SARS at the end of the tax year.
For example, a car with a value of R250 000 with 20 000 business kilometers traveled, could result in a payment to SARS of R15 892 at the end of the year (see case study). This is an unnecessary amount to lose, specifically because an inexpensive solution is available… Little LogBook is a GPS device, no larger than a flash drive. It uses a minimum of four satellites to log your kilometers as you drive. This information is translated into a SARS-compliant report, using powerful software developed and supported in South Africa. The beauty of Little LogBook is the simplicity of use and wealth of information gained.
One Response to “What is the Little LogBook?”Leave a Reply |


Cool blog,looking to communicate
Hi Janet
You can visit our contact page here http://www.thelogbook.co.za/contact/
or Phone: 27 11 050 0999
E-mail: sales@littlelogbook.co.za