HOME
Switch Menu

 

Contact FleetCUBE
fleetlog_login
online_login
career_login

HOME >> Nissan Tiida

 

PERKS TAX EXAMPLE

Example 1

 

4 DOOR SEDAN
Recommended Retail Price
Annual Kilometers
Annual Car Allowance
Marginal Tax rate
 


R 135 390
32 000 km
R 36 000
30
 

 

Actual Annual tax contribution paid upfront R 6,480.00
Total perks tax due R 1,734.96
Total Tax R 4,745.04 Rebate due To you

 

Example 2 - Keeping a Logbook.
Reducing the 18 000 personal km to 16 000km per year

 

4 DOOR SEDAN
Recommended Retail Price
Annual Kilometers
Annual Car Allowance
Marginal Tax rate
 


R 135 390
32 000 km
R 36 000
30
 

 

Actual Annual tax contribution paid upfront R 6,480.00
Total perks tax due R 439.95
Total Tax R 6,040.05 Rebate due To you

That is a extra R 1,295.01 back to you at the end of the tax year by just keeping a logbook

Work out your Perks Tax
head>
2006 & 2007 Perks Tax Calculator
1 Enter Vehicle Price
2 Enter Total Annual Kilometres
3 Annual Car Allowance Received
4 Personal Kilometres driven
  Default value = 18000
4 Enter Marginal Tax Rate ?

RESULTS

2007 Marginal Tax rate table

Taxable Income (R) Rates of Tax (R)
0 - 112 500   18% of each R1  
112 501 - 180 000 18 000 +25% of the amount above 112 500
180 001 - 250 000 33 000 + 30% of the amount above 180 000
250 001 - 350 000 51 000 + 35% of the amount above 250 000
350 001 - 450 000 79 000 + 38% of the amount above 350 000
450 001 and above 117 000 + 40% of the amount above 450 000

 

While every effort is made to ensure their accuracy FleetCUBE.com cannot be held liable for the use of the calculators, including any incorrect information generated by the calculators and/or arising pursuant to your reliance on such information. Under no circumstances will FleetCUBE.com be liable for any consequential loss or damage howsoever arising from the aforesaid

© 1998 - 2008 © FleetCUBE. All rights reserved. Disclaimer
Found a fault on the web site, click here and tell us about it.