We Buy Cars Holding (JSE:WBC) Tax Expense : R Mil (TTM As of Sep. 2024)

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What is We Buy Cars Holding Tax Expense?

We Buy Cars Holding's tax expense for the six months ended in Sep. 2024 was R267 Mil.

We Buy Cars Holding Tax Expense Historical Data

The historical data trend for We Buy Cars Holding'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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We Buy Cars Holding Tax Expense Chart

We Buy Cars Holding Annual Data

Trend

Mar21

Sep23

Sep24

Tax Expense

225.35

266.95

We Buy Cars Holding Semi-Annual Data
	Mar21	Sep23	Sep24
Tax Expense	-	225.35	266.95

We Buy Cars Holding 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.

We Buy Cars Holding (JSE:WBC) 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.

We Buy Cars Holding Tax Expense Related Terms

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We Buy Cars Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » We Buy Cars Holding Ltd (JSE:WBC) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Byls Bridge Boulevard, Building 7, Byls Bridge Office Park, Centurion, GT, ZAF, 0046

Website

https://www.webuycars.co.za

We Buy Cars Holding Ltd is engaged in vehicle buying service. The company's offering extends beyond the buying and selling of vehicles. It offers finance solutions, insurance products, and services to protect the customer's car. It generates the majority of its revenue from the sale of motor vehicles.