Selected tax changes in 2024 as a result of the Government's package of measures
Tax changes for 2024
Income tax
Tax changes for 2024
The somewhat non-standard Section 24/2/zt of the Income Tax Act allows a lump-sum application of expenses for the use of a vehicle as an expense for achieving, securing and maintaining income (i.e. tax deductible), regardless of the actual amount of expenditure on the purchase of fuel and parking. However, some conditions vary depending on whether it is used by a legal entity or a self-employed person who ...
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