Travel Allowance Reimbursement Code

By Evan Robinson · Updated 29 July 2015

Gert said:
1 July 2015 at 11:11

If I travel for business purposes and I do not get a travel allowance, then the company reimburses me at the AA rates. How does this amount get taxed? And should I be paying tax on this?

I see the company reflected this under code 3702, should it not be under code 3703?

TaxTim Evan said:
1 July 2015 at 17:01

How many KMs did you travel?

Gert said:
2 July 2015 at 8:13

About 1200km's? I travel maybe once or twice a month to court, for business purposes. Hence why I don't have a proper travel allowance on my Cost to Company.

TaxTim Evan said:
2 July 2015 at 11:47

Your company should have put 3703 on your IRP5 else you will be taxed on that amount - is there a source code 3696 on the IRP5 equal to the amount of 3702? If not then you need to get your employer to correct this.