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Thread: Company Fuel Card and Own car usage

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    Company Fuel Card and Own car usage

    HI

    I am using a company provided fuel card and my own car for business use.

    My question to you lovely people is if I am using my own personal vehicle but the company pays for the petrol (PVT and business), can I claim wear and tear on the business usage? I have an up to date logbook and fleet statement for my vehicle from their petrol card to indicate millage of each refill.

    The lady at SARS said that I can only claim if I had a travel allowance allocated to my IRP5, but when speaking to my HR department they have advised me that they pay for the petrol (which I canít claim for) but I can claim wear and tear.

    Where do I do this on my tax return if there is no allocation done under my IRP5 deductions (This area is greyed out with no amounts).

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    Site Caretaker Dave A's Avatar
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    Knowing you're in sales (from a discussion elsewhere) - does more than 50% of your earnings come from commissions?
    The trouble with opportunity is it normally comes dressed up as work.

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    HI Dave

    No it does not. Most of my income is salary based. The commission is an extra benefit.

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by Deviiance View Post
    The lady at SARS said that I can only claim if I had a travel allowance allocated to my IRP5
    Then I'm afraid that is correct. The most efficient strategy then is to prevail on the company to allocate some of your basic to a vehicle allowance.
    The trouble with opportunity is it normally comes dressed up as work.

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