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How to fully claim against code 3703

Posted 3 November 2015 under Tax Q&A


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Natty says:
3 November 2015 at 11:31

How does the IRP5 code 3703 work in conjunction with the 8000km per year travel limit

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

TaxTim TaxTim says:
3 November 2015 at 16:32

Your company can reimburse you for business travel using the SARS approved rates (currently R3,18 per km) up to a maximum of 8000km's per year and this should get reflected under code 3703 and it won't be taxed.


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