Is a logbook really necessary?
Or can SARS use code 3702 to audit potential business kilometres travelled? I have often wondered whether SARS officials thoroughly review the submitted logbooks when taxpayers claim for travel expenses incurred as a result of business travel, or are these requested just to tick a box? This uncertainty has recently been rresolved—SARS audits the logbooks […]
Simplify your payroll with automation
Managing payroll in South Africa can be challenging, with strict tax regulations and employee data management. However, with the right tools, you can make payroll more efficient and less stressful. Why choose automation? Automated, cloud-based payroll systems offer several advantages: Efficiency and accuracy: Automation reduces manual calculations and data entry errors. It streamlines tasks like calculating […]
The tax treatment of relocation expenses
Transferring staff? There are tax implications for them … and for you! If your business has branches in different locations, one of the best ways of offering key staff opportunities for career growth is to allow them to relocate. Relocating an existing staff member who has come to know and understand your systems, procedures, and […]
Travel claims, but no allowance?
For commission-earners and the self-employed, the rules are slightly different—but travel costs can be claimed. The mistake that I make when writing articles about travel allowances is that I tend to forget that not all of us are ‘wage slaves’. Indeed, there are many taxpayers for whom the saying, “If a man will not work, […]