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Maximum amount under code 3703

Posted 19 November 2014 under Tax Questions



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My company reimbursed me an amount of over R50k on code 3703 (non-taxable reimbursement) for fuel used during the tax year. SARS then moved the full amount to code 3702 (taxable reimbursement) saying that this amount exceeded the max allowable for code 3703 which is R25920 (8000km x R 3.24). They now want me to pay more than R15k in additional taxes. They asked me now to provide an amended IRP5 showing not more that R25920 under code 3702 which I have requested from my employer. Is there anything that I can do minimize the payment on the rest of the amount that was under code 3703 originally? I do not receive a car allowance.

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TaxTimTaxTim says:
19 November 2014 at 22:16

Unfortunately not, this amount is the limit SARS allows. Do you earn commission?


Brollocks says:
19 November 2014 at 22:43

Thanks. Yes, I do earn commission. It amounts to about 30% of my basic salary.


TaxTimTaxTim says:
23 November 2014 at 18:53

You can claim travel against the commission - check on eFiling, the travel box under other deductions should be open to you - let us know?


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