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 allowance - deemed vs actual cost for commission earner

Posted 3 November 2015 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Izhaar says:
2 November 2015 at 0:23

I am a SARS commission earner. I would like to claim back the use of my vehicle to earn commission. I have a detailed logbook. Where and how do I claim these expenses? According to the TaxTim wear and tear calculator, I should use deemed cost, however I never received a travel allowance on my IRP5.

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

TaxTimTaxTim says:
2 November 2015 at 15:27

You can claim depreciation and travel expenses in your Tax Return under "other deductions" codes 4027 and 4015 respectively.

It is great that you have a logbook because you can demonstrate the actual percentage related to business. For depreciation, 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.


Izhaar says:
2 November 2015 at 16:19

Would the deemed vs actual costs calculation not affect me?


TaxTimTaxTim says:
3 November 2015 at 12:44

No, because you do not receive a travel allowance.


Get SARS Tax Deadlines in your Inbox
 

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

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →