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 exceeding 8000km

Posted 14 March 2016 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Tax? says:
11 March 2016 at 16:31

How is the travel allowance taxed if you do not receive a car allowance, use personal vehicle and exceed 8000km for business travel? Company pays the standard rate per km, and no other allowance is received in respect of travel.

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

TaxTimTaxTim says:
11 March 2016 at 17:54

Do you keep a logbook of your work and personal travels?


Tax? says:
11 March 2016 at 22:16

I keep a log book for business travel only.


TaxTimTaxTim says:
14 March 2016 at 5:30

It would be taxed as if you just received one lumpsum per month. Please make use of our Travel Allowance to work out what your deduction will be.


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 →