'The saga surrounding the Free State's R40-million website was exacerbated on Monday when Premier Ace Magashule was accused of channelling millions of state rands to the same company that built the online platform,' reports The Mail & Guardian.
Like the rest of the public, you may be wondering why anyone would spend R40 million on a website – especially one as poor as the one the Free State government had set up? The truth is you shouldn't – but that doesn't mean your company shouldn't have a website.
In fact, in this day and age, if your business doesn't have a website, you may as well still be living in the 80s.
Luckily, there's a great tax break you can claim if you're in the process of setting up or redesigning your company's website.
Did you know you can claim input tax on a company website?
Because company websites are considered as marketing expenditure, you can claim input tax on the invoice for setting it up as long as your supplier is a Vat vendor, explains Dee Bezuidenhout of the Practical Vat Loose Leaf.
That's good news for the Free State government and for the taxpayers who are paying for the website.
So what are you waiting for? If you've recently done some work to your company's website or set up a new one, claim input tax and you could potentially save thousands.
But, there are more items you must be aware of that you can claim input tax on that I haven't mentioned here.
The Practical Vat Loose Leaf will show you