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

Travel claim against commission income /vehicle claims

Posted 6 April 2016 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 →
Patricia says:
6 April 2016 at 9:06

Can you claim depreciation as well as finance charges on a travel claim against commission income?

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

TaxTim TaxTim says:
6 April 2016 at 11:01

Do you receive a travel allowance? Do you keep a logbook?

Patricia says:
6 April 2016 at 12:29

No I don't receive a travelling allowance it's a claim against commission income. I want to know whether you can claim both the finance charges as well as depreciation and I also want to know the calculation

TaxTim TaxTim says:
6 April 2016 at 13:36

As long as the commission makes up more than 50% of your total earnings, then yes you can claim all your travel expenses (including finance charges, depreciation, fuel, etc) You need to apportion your claim so that it relates to business only. You would need to keep a logbook where you record your business kms travelled in order to justify the business % claimed. You would work it out by taking the business kms travelled as a percentage of your total kms travelled.


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