Tax? says: 11 March 2016 at 16:31 How is the travel allowance taxed if you do not receive a car allowance, use personal vehicle and exceed 8000km for business travel? Company pays the standard rate per km, and no other allowance is received in respect of travel. |
TaxTim says: 11 March 2016 at 17:54 Do you keep a logbook of your work and personal travels? |
Tax? says: 11 March 2016 at 22:16 I keep a log book for business travel only. |
TaxTim says: 14 March 2016 at 5:30 It would be taxed as if you just received one lumpsum per month. Please make use of our Travel Allowance to work out what your deduction will be. |