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Gert said: 1 July 2015 at 11:11 If I travel for business purposes and I do not get a travel allowance, then the company reimburses me at the AA rates. How does this amount get taxed? And should I be paying tax on this? I see the company reflected this under code 3702, should it not be under code 3703? |
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TaxTim Evan said: 1 July 2015 at 17:01 How many KMs did you travel? |
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Gert said: 2 July 2015 at 8:13 About 1200km's? I travel maybe once or twice a month to court, for business purposes. Hence why I don't have a proper travel allowance on my Cost to Company. |
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TaxTim Evan said: 2 July 2015 at 11:47 Your company should have put 3703 on your IRP5 else you will be taxed on that amount - is there a source code 3696 on the IRP5 equal to the amount of 3702? If not then you need to get your employer to correct this. |
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