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I get R2000 petrol allowance, do I include this amount for travel allowance when I do my calculation

Posted 21 March 2013 under Tax Q&A

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I have a company petrol card that I use for R2000 per month.

This entry was posted in Tax Q&A and tagged Salary / IRP5, Independent Contractor, Deductions, Commission, Travel Allowance. Bookmark the permalink.

TaxTim says:
22 March 2013 at 10:07

SARS will take this allowance into account when it does your calculation as this is shown on your IRP5 under a specific code.

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