Good morning everybody,
Just have one query regarding the fixed cost portion of the SARS travel allowance table.
Scenario:
An employee uses his private vehicle for business purposes.
The value of his vehicle is R180 000, which equates to a fixed travel allowance of R5544.17 per month as per the SARS travel allowance table.
But the director of the company only pays him R3000.00 per month as a fixed travel allowance. No pro rata basis is required as the employee has worked for the full 12 months.
Question:
Is the company allowed to pay the employee only R3000.00 pm or should the company,by law, abide to the SARS travel allowance rate of R5544.17?
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