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Motus Holdings (JSE:MTH) Tax Expense : R739 Mil (TTM As of Jun. 2024)


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What is Motus Holdings Tax Expense?

Motus Holdings's tax expense for the months ended in Jun. 2024 was R365 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2024 was R739 Mil.


Motus Holdings Tax Expense Historical Data

The historical data trend for Motus Holdings's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Motus Holdings Tax Expense Chart

Motus Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Expense
Get a 7-Day Free Trial Premium Member Only 356.00 718.00 1,135.00 947.00 739.00

Motus Holdings Semi-Annual Data
Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 669.00 464.00 483.00 374.00 365.00

Motus Holdings Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R739 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Motus Holdings  (JSE:MTH) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Motus Holdings Tax Expense Related Terms

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Motus Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Van Buuren Road, Corner Geldenhuis and Van Dort Streets, Bedfordview, GT, ZAF, 2008
Motus Holdings Ltd is a non-manufacturing service provider in the automotive sector. It has four business segments namely Import and Distribution; Retail and Rental; Mobility Solutions and Aftermarket Parts, Head Office and Eliminations. The company generates maximum revenue from New motor vehicles. Its Import and Distribution segment includes importer and distributor of passenger, light commercial vehicles (LCVs) and parts to serve a network of dealerships, car rental companies, fleets, and government institutions in South Africa.