Page 23 - Taxation F6 - Income From Employment
P. 23
Income from Employment
Allowances
• Travel allowance
• When a fixed allowance or advance is received to defray
expenditure in respect of a motor vehicle used by him
the expenditure defrayed for business purposes is free
from tax.
• Fixed allowance is when an employee receives an
allowance each month irrespective of the kilometres he
travels each month.
• Expenses for business purposes can only be claimed if
the taxpayer keeps an accurate log book of his business
travel.
23
