Compare Actual Costs and Deemed Costs for the Maximum Tax Deduction
TRAVEL DEDUCTION OPTIMISER
You may only claim travel expenses if you kept a valid vehicle logbook.
Which situation fits you?
I receive a Travel Allowance or Taxable Reimbursive Allowance (source code 3701 / 3702 is on my IRP5/IT3a).
I am an Independent Contractor / Commission Earner (source code 3606 / 3616 is on my IRP5/IT3a).
I run my own business / am a sole proprietor / freelancer.
Tax year:
Date you started using the car:
Date you stopped using the car:
Cost price of vehicle:
Including VAT, excluding interest
R
Year vehicle was purchased:
Total KM driven (within tax year):
Business KM driven (within tax year):
Do you hire / lease this vehicle?
Yes
No
How much did you pay to hire the vehicle (in total)? R
Did you keep any records of vehicle-related expenses?
Yes
No
Fuel / Oil? R
Did you pay for ALL of the fuel / oil? Yes No
Maintenance / Repairs? R
Did you pay for ALL of the maintenance / repairs? Yes No
Insurance or Licensing? R
Interest payments?
also called "Finance cost" or "Other"
R
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