Do you receive a travel allowance at all or is it just the commission you earn?
Izhaarsays: 23 October 2015 at 7:35
TaxTimsays: 23 October 2015 at 7:49
You would then need to keep all the records of you motor expenses. Add them up and use the apportionment ratio of the business to total travel based on your logbook. You would also be able to deduct the actual depreciation on the vehicle which you would take the cost and divide by 5 and then use the same apportionment.
You can use our Travel Allowance calculator to see which method may be better for you to deduct the motor expenses.
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