Travel allowance and business kms

By Marc Sevitz · Updated 2 July 2014

I get R36000 travel allowance per year. My business mileage is just over 40000 kms.
When I do the calculation on efiling my return is the same when I put down 40000 business kms as it is when I put down 20000 business kms.
Is this correct?
Have I hit my 'threshold' ?

Thanks!

TaxTim Marc said:
2 July 2014 at 10:19

Yes, there is a threshold of 18000 business km for tax purposes and SARS will not allow more than that unfortunately.

Darrel said:
2 July 2014 at 12:06

Hi

Does this apply even if I have a logbook?

Thanks!

TaxTim Marc said:
2 July 2014 at 12:12

Yes, you can only claim against a travel allowance if you keep a logbook. SARS won't let you claim otherwise.

Salary / IRP5

Independent Contractor