Travel and Tax

Travel and Tax free download

Understanding how it works and how to calculate allowances

*This course relates to South African Taxes only*

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.

TOPICS 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

All Included:

• Video presented course

• Downloadable course material

• Certificate of training

• Optional assessment

• SAIT Accredited - 4 verifiable CPD points

About the Presenter:

Ruzel van Jaarsveld

Ruzel has over 26 years financial and bookkeeping experience, working with many industries and corporate environments, with extensive knowledge and practical application of trial balance, payroll, VAT, PAYE returns, Inventory control, Management Accounts, E-filing and Procedures of Importing and Exporting.

Ruzel is a seasoned appointed facilitator with Biz Facility, and for numerous years has been presenting various national practical financial workshops to business owners and corporate financial staff.