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Income Tax Act, 1962 (Act No. 58 of 1962)

Notices

2018 Notices

Rate per Kilometre fixed under section 8(1)(b)(ii) and (iii)

3. Cost scale

 

Where the value of the vehicle—

Fixed Cost

 

R

Fuel Cost

 

c/km

Maintenance Cost

 

c/km

does not exceed R85 000

28 352

95.7

34.4

exceeds R85 000 but does not exceed R170 000

50 631

106.8

43.1

exceeds R170 000 but does not exceed R255 000

72 983

116.0

47.5

exceeds R255 000 but does not exceed R340 000

92 683

124.8

51.9

exceeds R340 000 but does not exceed R425 000

112 443

133.5

60.9

exceeds R425 000 but does not exceed R510 000

133 147

153.2

71.6

exceeds R510 000 but does not exceed R595 000

153 850

158.4

88.9

exceeds R595 000

153 850

158.4

88.9