GMNI members, as international accountants, have the knowledge to advise on a diverse range of financial matters. From accountancy and audit, through to tax advisory (personal and corporate) and business consultancy services, they can provide solutions.
GMNI members have experience all over the world and in a wide range of industries; hospitality & tourism, sports & media, healthcare, energy & mining, real estate and agriculture, to name but a few. They understand the challenges that businesses – small and large – face and have the skills to help their clients meet these. They know that every business is different and so tailor their services to their clients’ needs.
Management Committee
Nandan Bendarkar
International Chairman
Alexandre Vallette
Vice Chairman
Kamal Hawabhay
Third Management Committee Member
International Office
Michael Larkos
International Executive
Christos Spanos
International Coordinator
Regional Presidents
Vermeulen Badenhorst
Africa
Aubrey Saverimuttu
Asia Pacific
Matthias Schenkel
Europe
Joe Roznai
North America
Monica Foerster
South America
Can businesses claim VAT on vehicles?
Understanding VAT on vehicles can be confusing, but knowing the rules can help you save money. Generally, businesses can’t claim VAT on most passenger vehicles. However, there are exceptions, such as for vehicles that carry more than 16 people or heavy-duty trucks.
There are also some areas where the rules might be less clear. For example, single-cab bakkies are typically eligible for VAT claims, but claims for additional features like canopies can be tricky. Similarly, while motorcycles are usually excluded from VAT claims, there may be some room for interpretation.
It’s important to stay informed about these nuances to avoid potential pitfalls. VAT regulations can change, and what’s allowed today might not be permitted in the future. Ensuring you understand and apply the current rules correctly can prevent issues with SARS and help optimise your VAT returns.
For assistance with VAT claims or any other tax-related questions, our team is here to help.
Need help with your taxes? Contact us
In the latest edition of their Tax Tips & Traps, Yale PGC cover the following:
Current Tax Reform in Brazil
The Tax Reform is expected to take place in four steps:
GMNI Members Worldwide
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Member firms
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Member Offices
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Countries
$000M
Members' Fee Income