Update - South Arica Budget Speech 2024
SARS published an Income Tax Notice revising the rate per kilometre and the cost scale table for 2024/2025.
- The rate per kilometre in respect of motor vehicles is fixed at R4.84:
Prescribed rate per kilometre for reimbursive
travel allowance
- For those needing to calculate a travel allowance, the table for calculating the actual rate per kilometre or travel allowance is:
Table for calculating the actual rate per
kilometre or travel allowance 2024/2025
Related Articles
Update: South Africa | Budget Speech 2025 Postponed
The Minister of Finance, Mr Enoch Godongwana, has announced that the Budget Speech will be held on 12 March 2025. Further updates will be provided as soon as more information becomes available.South Africa: Budget Speech 2022
The Minister of Finance, Mr. Enoch Godongwana, will deliver his inaugural National Budget Speech on 23 February 2022. South Africans are invited to share their suggestions on the Budget. ...South Africa | National Budget Speech 3.0 – Highlights (21 May 2025)
South Africa’s third national budget speech for 2025 was presented by Finance Minister Enoch Godongwana on 21 May 2025, revising key figures from the budget delivered on 12 March 2025. Here’s a summary of the most notable changes: Budget Adjustments ...South Africa - Budget Speech 2023
The 2023 Budget Speech will be presented on Wednesday, 22 February 2023.South Africa | Budget Speech 2026
On Wednesday, 25 February 2026, the Minister of Finance, Mr Enoch Godongwana, delivered the 2026 National Budget Speech to the National Assembly. Budget 2026 responds to continued fiscal pressure and a fragile economic recovery with a cautious ...