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Tax says: 21 August 2015 at 11:45 How should employer tax work on the following: Employee uses a company fleet card for fuel cost. Example of the July: July Fleet Card Balance of statement R3 500 Travel claim (1 000 km @ R2. 05 p/km) R2 050 Deduction from employee for private use of fleet card R1 450 (R3 500 - 2 050) Under which IRP 5 code should the travel claim be? Should it be 3702 because the employee pays back the private use of the fleet card therefore there is no fringe benefit. |
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TaxTim says: 24 August 2015 at 8:09 You would use the 3703 source code for the business travel and ignore the rest if he is paying it back as a personal amount. |
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