Does receiving a car allowance when l have a car bought cash have impacts on my tax?
By Evan Robinson · Updated
I bought a car cash before getting my current job. I receive a car allowance at my current job and am not willing to change my car anytime soon. Is that an issue with SARS? Is that going to affect my tax, if so how?
No it wont affect your tax if you bought the car before you got your job, you would use the same details to complete the claim against the travel allowance.