SLOW

More in line with international legislation, South Africa's new tax laws now only allow tax rebates for vehicles up to R360,000 - to the supposed detriment of the filthy rich driving such overpriced vehicles. People that thought they would be able to claim for their sports cars and suchlike will now find themselves severely set back and might lose out on amounts between R1,000 and R100,000, depending on the price of their vehicle and how far they drive for business purposes.

Will we suddenly see people attempting to sell their expensive vehicles?
Will we see car retailers attempting to price their vehicles at this new upper limit?

It doesn't matter much to me - my car is within the limits. One day, when I have my vehicle of choice, it won't matter too much either. No goverment has jurisdiction in space.

# posted by Slow @ 2:29 pm