Webb12 jan. 2024 · 3702 – Reimbursive Travel Allowance (This is when the travel has been made in the employee’s pocket, and the employer then returns the money spent on travel back to the employee.) 3703 – Reimbursive Travel Allowance (non-taxable refunds to … Webb15 mars 2024 · In summary, the following IRP5 source codes must be used to report travel reimbursements: Reimbursive travel allowance (non-taxable) - Code 3703 The rate per …
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Webb28 juni 2024 · Code 3722 = R1 000 (R1.00 x 1000 km) (subject to employees’ tax). Where the reimbursive allowance exceeds the prescribed rate per kilometre (irrespective of the … WebbSARS Fixed Cost Table: March 2024-February 2024 SARS Fixed Cost Table from March 2024 to February 2024. Search the table for the allowed travel allowance claim costs. Filter by the “Vehicle Value From” column by entering the first or first two digits of the relevant vehicle value. Last updated, 16 March 2024 . burnfireant wate
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Webb24 juni 2015 · Code 3702 is used for a reimbursement for business kilometres exceeding 8 000 kilometres per tax year or at a rate exceeding the prescribed rate per kilometre or the employee receives any other form of compensation for travel. Code 3701 is used in all other instances. Webb28 juni 2024 · The subsistence allowance must be indicated as follows: • Code 3704 (for local travel) and/or code 3754 (for foreign travel) in cases where the deemed amounts are exceeded. • Code 3714 (for local travel) and/or code 3764 (for foreign travel) in cases where the deemed amounts are not exceeded. TRAVEL ALLOWANCE Webb8 aug. 2024 · The portion (80 or 20%) of the reimbursive travel allowance (only 3702/3752 and NOT 3703/3753) – although employers are not required to withhold PAYE from this reimbursement, that portion which represents ‘remuneration’ … ham broccoli and cheese casserole