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Linda says: 20 September 2016 at 11:25 I did my SARS eFilling tax return through TaxTim and I completed the Travel Expenses Section, 4015, as R72902. I am being audited and I am not quite sure anymore what that amount includes, they only thing I can think of to get to such a high figure would be my car payments per month? Please advise what deductions are allowed under this code and what proof I need to send SARS to support this? |
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TaxTim says: 20 September 2016 at 12:29 You are unfortunately not allowed to deduct your monthly instalments on code 4015, but you can deduct the Wear and Tear, the maintenance, licensing, the business km's you travelled during the tax year and your insallment for insurance. |
