South Africa: Fixing of rate per kilometre in respect of motor vehicles
The Government Gazette No. 46015 Notice 1848 was published 8 March 2022, determining that where the provisions of section 8(1)(b)(iii) are applicable in respect of the recipient of an allowance or advance; and no other compensation in the form of a further allowance or reimbursement (other than for parking or toll fees) is payable by the employer to that recipient, that rate per kilometre is, at the option of the recipient, equal to R4.18 per kilometre.
The rate per kilometre determined in terms of this Schedule applies in respect of years of assessment commencing on or after 1 March 2022.
Related Articles
South Africa – SARS PAYE BRS 2025/20256
The SARS PAYE Business Requirements Specification (BRS) for the 2025/2026 tax year outlines the following requirements and rules for Employer PAYE (EMP501) Reconciliations: Tax file structure and related requirements IRP5 codes (including rules and ...
South Africa - SARS PAYE BRS 2024/2025
The SARS PAYE Business Requirements Specification (BRS) 2024/2025 specifies the requirements and rules for Employer PAYE (EMP501) Reconciliations for the 2024/2025 tax year, namely: 1. Tax file structure and requirements, and 2. IRP5 codes (rules and ...
South Africa - SARS PAYE BRS 2023/2024
The SARS PAYE Business Requirements Specification (BRS) 2023/2024 specifies the requirements and rules for Employer PAYE (EMP501) Reconciliations for the 2023/2024 tax year, namely: 1. Tax file structure and requirements, and 2. IRP5 codes (rules and ...
South Africa | Payroll Amendments Effective 1 March 2025
Although the 2025 Budget Speech has been postponed to 12 March 2025, when updates such as the personal income tax tables will be announced, certain payroll-related changes based on recently published legislation will take effect from 1 March 2025. ...
South Africa - Budget Speech 2024
Did Minister Godongwana opt for borrowing, taxing, or cutting spending? Today, February 21, 2024, Finance Minister Enoch Godongwana delivered the annual Budget Speech. He faced intense scrutiny as he aimed to reconcile spending priorities with the ...