Tuesday, 29 January 2013

Little LogBook – FAQ #7


Who is the main client base for Little LogBook?



 



The Little LogBook GPS Trip Logger is suitable for use by just about anyone. Its purpose is to help users not only efficiently manage their trip data and mileage, but also allows them to create SARS-compliant logbooks for both private and business related purposes.



 



The Little LogBook GPS device is usable anywhere in the world, depending on the country edition purchased. As it uses state-of-the-art GPS tracking technology, the device will work effectively no matter where in the world it is. This allows you to manage your fleets and vehicles from anywhere in the world and use the device to keep track of all costs via the included software.


Sunday, 27 January 2013

Little LogBook – FAQ #6


How do I erase data that is already on my device/How do I deal with errors?



 



Managing the data on your Little LogBook device is a simple procedure that is aided by the software provided upon purchase. Once you have used the device for any period of time, by simply connecting it to your PC or laptop and accessing the given software, you can save, copy and delete data from the device itself to make sure you have back-ups of it safely stored on your computer for future reference.



 



If you happen to encounter an error with the data that is stored on the device (i.e. the trip log that has been recorded is faulty due to poor connection with satellites, etc.), you can access those parts and directly delete the incorrect information to ensure that your logged information is as accurate as possible.


Saturday, 26 January 2013

Little LogBook – FAQ #5


Why is it important to create a password when registering?



 



Setting up a password secured device allows you, whether you use it for private logging, or fleet management, to keep your personal information from being used in a harmful manner.



 



Having a device record every trip you make may be incredibly useful to you as an individual or business for a variety of reasons, but in the wrong hands could lead to an unwanted situation. Information on your whereabouts and every day routine should be kept private, and by securing your device with a password, you can ensure that only you can access your logged records.


Thursday, 24 January 2013

SARS Business mileage logging requirements


With the individual financial year coming to a close in the next month, it is absolutely vital to remember every piece of information that has to be compiled into your SARS tax return before the end of February. This includes, as of quite recently, a mandatory mileage tracking logbook for any person that receives an allowance for business usage of their private cars, or has been given a company car to use for business purposes.



The logging procedure is used to differentiate personal travelling distances from business time in order to determine how much of a tax break an individual should be given (since business mileage adds extra wear to the vehicle, the owner should be compensated for their use of it). The requirements for the SARS compliant logbook are quite detailed, and require accurate recording of all travels both during and after office hours.



For example, every trip that is made must be recorded, along with the reason for the trip, the destination, distance and time. These facts are checked against the odometer readings that are required from the vehicle on the first and last day of every financial year.



GPS tracking has als become popular in areas such as mileage logging that is required by some companies whose employees are frequent travellers. Paper is no longer the easiest way of logging mileage and distances. Electronic logbooks such as those made by The Little Logbook have made the whole process so much easier and don’t require half the effort on your part.



The GPS trip logger simply plugs into your vehicle, and does all of the work for you. It generates detailed trip reports that are compliant with SARS outlines, and can be password protected for your peace of mind.


Little Logbook – FAQ #4


How do I categorize my trips between business and personal?



 



In order to distinguish between business and private trips on your log, you will need to have the accompanying software installed on your PC or laptop. Once your device and all of the recorded trips on it have been synced with the software, right clicking on a specific trip will bring up a drop down menu. In this menu you will be able to distinguish between private and business trips.



 



From this menu, you will also be given the opportunity to qualify the reason for the trip (if the business option is selected) in order to provide a more detailed description of your trip for tax or business related purposes.



 



The Little LogBook also allows you to name certain destinations that appear frequently in your log. This allows you to keep your log as detailed and user-friendly as possible. For instance, if you would like to know how often a vehicle in your fleet makes a trip between your head office and a factory, bring up that destination, and all of the trips in that range will appear.



 



From a business perspective, the Little LogBook will enable you to keep track of all of the costs incurred by your vehicles, as well as maintain accurate route plans and plan efficiency.


Wednesday, 23 January 2013

Little Logbook – FAQ #2


Where should the device be placed inside the vehicle?



 



As with most GPS technology devices, the Little LogBook makes use of satellite triangulation technology. In order to aquire the optimal connection with the required satellites, the device should be placed and secured (using the provided adhesive attachments) to the dashboard, allowing it to maintain a constant stream of information.



 



While this is noted as the optimal position, you may find that your vehicle’s optimal spot is in another region, or that your travel route requires you to travel between mountains, hills, and tall buildings or through tunnels. In these situations, you should remember to check your device to make sure that it is able to maintain its connection, and adjust its position accordingly.



 



The connection between your device and at least three satellites is required for GPS tracking technology to work. Any obstruction or dense object in the direct path weakens the signal. This means that having a clear view of the sky is the most suitable way to maintain a secure connection.


Little Logbook – FAQ #3


Are there monthly charges/What do you get in the box?



 



Upon purchasing the Little LogBook GPS Trip Logger, you will receive the USB stick, which contains the GPS hardware and will act as your portable trip logger, a software installation disk that contains your PC integration program, an adhesive dashboard strip which allows you to attach the device to your dash to keep it secure, and a quick start manual for easy, on hand instructions.



 



Once you have purchased the device, you will not be liable for any extra fees, such as monthly subscriptions, service fees or update costs. Your device is bought and paid for immediately with a simple once-off purchase.


Tuesday, 22 January 2013

Little LogBook – FAQ #1


What is Little LogBook and what is the benefit?



 



The Little LogBook is a GPS-enabled mileage-tracking device that can be used in any vehicle. The device makes use of GPS technology to create an automatic digital log of the distances travelled in the vehicle, which can then be loaded onto a computer using the linking software.



 



The Little LogBook is no larger than a flash drive. It uses a minimum of four satellites to log your kilometers as you drive. This information is translated into a SARS-compliant report, using powerful software, fully developed and supported in South Africa.



 



The Little LogBook replaces your traditional analog method of tracking mileage, and allows you to rest easy, knowing that your logbook will be accurate and free of any errors, as the device will do all of the work for you, leaving you more time to worry about the important things.



 



The Little LogBook provides a complete, accurate account of your mileage to be used for tax purposes, and eliminates the threat of fraudulent record keeping.


Thursday, 17 January 2013

What is a provisional taxpayer?


The South African Revenue Service, in 2010, made changes to the process that is to be used by ‘Provisional Taxpayers’. The new process includes new IRP6 forms, processes for filing and E-Filing of provisional tax, and requirements.



 



Provisional taxpayers differ from regular taxpayers in that provisional taxpayer status is awarded to anyone that receives an income other than remuneration in the form of a salary or wage. Income such as house rental, investment return, interest returns, etc., all get placed under provisional tax, even if the taxpayer also receives a salary. The Provisional Taxpayer status is automatically assigned to companies.



 



Provisional taxpayers are required to make two payments through the course of the year, with a third payment being optional at the end of the tax year.



 



The calculation of payable tax for each period is as follows (according to the SARS website):



 



The First Period: (Payable with in the first six months of the year of assessment)



Half of the total tax for the full year;



Less the employees tax deducted for this period (6 months);



Less any allowable foreign tax credits for this period (6 months).  



 



The Second Period: (No later than the last working day of the year of assessment)



The total estimated tax for the full year;



Less the employees tax paid for the full year;



Less any allowable foreign tax credits for the full year;



Less the amount paid for the first period.



 



The Third Period (voluntary):



The total tax payable for the full year;



Less the employees tax paid for the full year;



Less any allowable foreign tax credits for the full year;



Less the amount paid for the 1st and 2nd provisional tax periods.