Subsistence allowance expenses
By Marc Sevitz · Updated
If I received a taxable subsistence allowance, but did not keep record of expenses (or proof) will I be able to deduct a deemed expense on my tax return.
Do you have an IRP5 which reflects the subsistence allowance under code 3704?
Yes it does have code 3704
Yes, you may claim a deemed expense equal to R353 per night away from home if you had to cover meals and incidental costs; or R109 per night away if you had to cover incidentals only (e.g. minor costs such as refreshments, snacks etc).
Thank you.
Only a pleasure!