Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

Depreciation and travel expenses for commission earner without travel allowance

Posted 30 July 2015 under Tax Q&A


Let TaxTim
help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Chantelle says:
30 July 2015 at 14:59

I am a commission earner without a travel allowance but use my own vehicle for business. The company only pays for fuel. I have to pay for maintenance, installments - sales agreement, annual licence fees etc. Am I allowed to claim depreciation on my vehicle (code 4027) and what will be allowed under travel expenses (code 4015)? What records as proof must I have to claim under codes 4027 and 4015. Do I need to have a logbook?

Thank you

This entry was posted in Tax Q&A and tagged , , , , . Bookmark the permalink.

TaxTim TaxTim says:
30 July 2015 at 17:46

Yes you are, if you have a logbook that will be the best because you can demonstrate the actual percentage related to business. You would take the value of your car and divide it by 5 and then use your business mileage as a percentage of overall travel to apportion this. Same for all travel related expenses you cover.


Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Let TaxTim
help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started