How to fully claim against code 3703

By Marc Sevitz · Updated

Natty

Natty said:
3 November 2015 at 11:31

How does the IRP5 code 3703 work in conjunction with the 8000km per year travel limit
TaxTim Marc

TaxTim Marc said:
3 November 2015 at 16:32

Your company can reimburse you for business travel using the SARS approved rates (currently R3,18 per km) up to a maximum of 8000km's per year and this should get reflected under code 3703 and it won't be taxed.