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Depreciation and travel expenses for commission earner without travel allowance

Posted 30 July 2015 under Tax Questions


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Chantelle says:
30 July 2015 at 14:59

I am a commission earner without a travel allowance but use my own vehicle for business. The company only pays for fuel. I have to pay for maintenance, installments - sales agreement, annual licence fees etc. Am I allowed to claim depreciation on my vehicle (code 4027) and what will be allowed under travel expenses (code 4015)? What records as proof must I have to claim under codes 4027 and 4015. Do I need to have a logbook?

Thank you

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TaxTimTaxTim says:
30 July 2015 at 17:46

Yes you are, if you have a logbook that will be the best because you can demonstrate the actual percentage related to business. You would take the value of your car and divide it by 5 and then use your business mileage as a percentage of overall travel to apportion this. Same for all travel related expenses you cover.


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