TRAVEL ALLOWANCE


Effective from 1 March 2010 the deeming provision in regards business traveling has been deleted. Only indivuals that keeps a detailed logbook of business travelling will be able to claim expenses on assessment.

From the same date 80% of the travel allowance will be included monthly in calculation of employees tax.

The following information is the minimum to be included in a logbook.

1. Date on which the travel took place

2. The destination

3. The kilometers traveled

4. Reason for travel.

Keep in mind that travel between your home and work is deemed to be private kilometers. When you work from home, business kilometers can be noted from home to your place of business.

When claiming expenses against a travel allowance you need to have a value on your vehicle. This value will be calculated according to the purchase price or the current market value of the vehicle.

Claims can be made with two different methods:

1. You can calculate your claim based on the table of costs supplied by SARS every year.

2. You can calculate your claim based on actual expenses. You need to keep accurate expenses during the year, including fuel, oil, repairs and maintenance, insurance and finance costs.

Download this

logbook provided by South African Revenue Services.

Example of a logbook

Use tripTrack to assist you with your tax logbook

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