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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.
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Oct 12, 2026
Get your farm finance-ready: Tax, compliance and credit
6:34

Patricia TemboHOST
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?
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6:43Sibo MoloGUEST
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.
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6:51Sibo MoloGUEST
I think they used to claim about 80% or so, but now it has been made about 100% of the diesel they spent.
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6:57Sibo MoloGUEST
But what is key is that for you to be able to claim that refund, you need to keep your logbook.
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7:04Sibo MoloGUEST
So it's not like just that you must have a logbook where you say the kilometers and everything.
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7:08Sibo MoloGUEST
And I think SARS has opened up a system now that you need to register for the whole diesel refund.
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7:14Sibo MoloGUEST
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