CLIENT QUESTION : STAFF BUSINESS TRAVEL EXPENSES

By: SD Management Consultants  08-25-2015
Keywords: Accounting & Bookkeeping Services, Tax Services, Accounting & Tax Services

CLIENTS QUESTION Q: What is the correct amount to pay our staff if they are required to travel within South Africa for business? Should this be declared on the employees IRP5? A: If your employee spends at least 1 night away from his home on a business trip, you can pay for the accommodation and give him/her an allowance of up to R353 per day. You don’t have to pay the full amount but can pay any amount you feel is fair. This amount is for meals and incidental expenditure such as coffee and cool drinks. The allowance must be declared under code 3714 on the IRP5 and it is not subject to income tax or employee’s tax.

Keywords: Accounting & Bookkeeping Services, Accounting & Tax Services, Tax Services

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