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Jakes says: 16 November 2015 at 15:51 If I received a taxable subsistence allowance, but did not keep record of expenses (or proof) will I be able to deduct a deemed expense on my tax return. |
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TaxTim says: 16 November 2015 at 17:54 Do you have an IRP5 which reflects the subsistence allowance under code 3704? |
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Jakes says: 17 November 2015 at 4:33 Yes it does have code 3704 |
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TaxTim says: 17 November 2015 at 14:16 Yes, you may claim a deemed expense equal to R353 per night away from home if you had to cover meals and incidental costs; or R109 per night away if you had to cover incidentals only (e.g. minor costs such as refreshments, snacks etc). |
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Jakes says: 18 November 2015 at 3:56 Thank you. |
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TaxTim says: 18 November 2015 at 13:02 Only a pleasure! |
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