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


2018 Notices

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

4. Simplified method



(a) the provisions of section 8(1)(b)(iii) are applicable in respect of the recipient of an allowance or advance; and
(b) no other compensation in the form of a further allowance or reimbursement (other than for parking or toll fees) is payable by the employer to that recipient,

that rate per kilometre is, at the option of the recipient, equal to 361 cents per kilometre.