Blog Q&A Calculators Students Logbook Contact
Earn under R350,000?Click here to see why you still need to file to get your Tax Refund.

Travel Allowance Reimbursement Code

Posted 29 July 2015 under Tax Q&A


Do your
Tax Return in
20 minutes
or less!


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 →
Gert says:
1 July 2015 at 11:11

If I travel for business purposes and I do not get a travel allowance, then the company reimburses me at the AA rates. How does this amount get taxed? And should I be paying tax on this?

I see the company reflected this under code 3702, should it not be under code 3703?

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

TaxTim TaxTim says:
1 July 2015 at 17:01

How many KMs did you travel?

Gert says:
2 July 2015 at 8:13

About 1200km's? I travel maybe once or twice a month to court, for business purposes. Hence why I don't have a proper travel allowance on my Cost to Company.

TaxTim TaxTim says:
2 July 2015 at 11:47

Your company should have put 3703 on your IRP5 else you will be taxed on that amount - is there a source code 3696 on the IRP5 equal to the amount of 3702? If not then you need to get your employer to correct this.


Get Tax Deadline Reminders, News and Tips
 

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

Blog Categories


Do your
Tax Return in
20 minutes
or less!


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