With life starting to return to normal post-pandemic, it is the perfect opportunity to discuss travel and accommodation and what it means for the taxpayer and the company.

During this session, a variety of travel scenarios will be discussed for example how to go about claiming expenses associated with travel, what the deductions are, what are the allowance guidelines set out by SARS, the impact they have on your VAT and TAX, what the implications are for your PAYE and company tax as well as, how to determine if travel expenses can be allocated as a business expense or not.

Content Discussed:

• Travel Allowance – how it works
• Travel Allowance – how to calculate a reasonable allowance
• Subsistence Allowance
• Travel Reimbursement
• Private use of company-owned vehicle – Tax and VAT implications
• Use of your own vehicle
• Away from your usual place of work for more than 24 hours
• Flights, Accommodation, and Car Rental
• Determining the value of a vehicle
• Book Value VS Open Market Value – know the difference

Please note that this link is unique to you. Transferring this link to another user is an infringement of copyright. If you have subscribed to a course, the cost is per delegate, not per screen.