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Sibo Molo

Founder and Managing Director of Molo Consulting, a South African tax, accounting and business advisory firm, and a frequent commentator on farm tax compliance and agri-finance.

Oct 12, 2026

6:34
Are there tax incentives or rebates that farmers have access to? So where they can claim for diesel costs, for example, how does that work for farmers?
6:43
In fact, as of 2006, recently, I think from 1st of April after the budget speech, diesel refunds has actually, you know, grown a little bit.
6:51
I think they used to claim about 80% or so, but now it has been made about 100% of the diesel they spent.
6:57
But what is key is that for you to be able to claim that refund, you need to keep your logbook.
7:04
So it's not like just that you must have a logbook where you say the kilometers and everything.
7:08
And I think SARS has opened up a system now that you need to register for the whole diesel refund.
7:14
So it's very, very important that actually they consult with SARS or their accountants to say that they need to reach ... 'cause there's a, there's a new system that is actually being built since now they have, they allowed this 100% of eligible diesel maybe as an, as an additional as well.

11 MINS LATER

18:37
Yeah

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