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Commission only and use my car for work, what are the income tax implications?

Posted 7 July 2014 under Tax Questions


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I earn commission only and I use my car to do business, how do I submit my ITR12 return to SARS?

This entry was posted in Tax Questions and tagged , , , , . Bookmark the permalink.

TaxTimTaxTim says:
7 July 2014 at 16:22

Do you keep a logbook?


Nommy says:
9 July 2014 at 8:43

Yes I did


TaxTimTaxTim says:
9 July 2014 at 11:24

You need to add up all your expenses for travel and you may use your car value as well via our Wear and Tear calculator to include under the other deductions section. Use your percentage of business to total mileage as the basis to apportion your travel costs and depreciation on your car.


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