Page 63 - P6 Slide Taxation - Lecture Day 3 - VAT Part 1
P. 63

Income from Employment


                                                     Allowances








          • Travel allowance




          • The calculation of the business travel is



               calculated in the following 2 ways:



          a) Actual business km *deemed rate per km




          b) Actual expenditure if the recipient is able to



                  provide accurate information to substantiate



                  this.










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