Guide on the taxation of foreigners working in south africa. Now you can keep your vehicle log book up to date with oneclick simplicity from taxtim. Closing total kms private business business travel details. Sars logbook for business travel mybroadband forum. The south african revenue service reserves the right to audit and query. A company motor vehicle will only be provided where it is deemed necessary by the board of directors for work. This is where gps log book can make your life hasslefree. If you are looking to create an excel logbook for sars and you want it to include the dates for working days only, you can easily create it in excel using the workday function. The gps log book device plugs into the cigarette lighter in your car and automatically records all vehicle mileage. Our sars compliant online travel logbook allows you to keep track of your travel claims throughout the year and view a summary at the end of the tax year. Sars logbook electronic logbook log book automatic sars.
Calculate your claim based on the cost scale table which sars supplies youll find this table in the introduction section to the travel elogbook calculate your claim based on actual costs. Let tim submit your tax return direct to sars in just a few clicks. To keep this records one can either use an electronic vehicle logbook. During the last tax year we have seen an increase in queries raised by the south african revenue services with regards to claims in respect of. Travelling has become the most important part of life that one cant ignore it for sure. Free travel logbook online electronic tax logbook dryk.
It is compulsory to keep a logbook for south african revenue services to submit a claim for your vehicle expenses on year end. A properly updated log book of vehicle can also help you to find a good buyer when you want to sale out your old vehicle to buy a new one. Travel elog book sars logbook used to claim a deduction on personaltax. Download the suzuki travel logbook and keep your tax. As members are no doubt aware, there has been some confusion regarding what specific information and in which. Fleetdomain is a leading innovator of softwareenabled business solutions for the fleet industry. Get that log book and write down the mileage south. The sample of drivers drove a total on average of 24 872kms in the tax year. The logbook serves as a reporting system to record the amount of mileage an. Introduction calculating a travel deduction if you are in receipt of a travel allowance the south african revenue. Due to damage from the recent flooding, the pretoria north branch is closed until further notice. As said above use the same headings and keep all the required information eg reason for trip where business. Travel log book 2019 download here ctf provides you with a workable sample here car log. Our sars compliant travel logbook allows you to keep track of and consolidate your travel claims throughout the year.
We develop and implement a fully customisable platform on which to administer, manage and. These expenses include fuel, oil, repairs and maintenance, car licence, insurance, wearandtear and finance charges or lease costs. It is now compulsory to keep a logbook of all your travel in which you record your business kilometres if you want to claim a travel deduction. Collect your free travel logbook for sars here it is compulsory to keep a logbook for south african revenue services to submit a claim for your vehicle expenses on year end. A template for the logbook is available on the sars website. Travel elog book sars logbook used to claim a deduction.
It allows you to keep track of business and private trips. Live life simply by using the sars tax logbook for automated travel, fuel and maintenance reporting whether youre selfemployed, a business owner or a corporate employee. Use this log book template to compile a complete vehicle logbook for all business and private travel. South africas best provider of advanced ms excel training. Sars logbook for new tax year now available the mail. Vehicle logbook app for recording work trips taxtim sa. The vehicle log book is perhaps one of the most important tools for your vehicle maintenance. S all required details in one book in duplicate, submit. Date duration of trip odometer reading total km travelled purpose. After the data has been uploaded to the gps log book server, via a user friendly online interface, then sars compliant log books can be created. What you need to know about travel allowance in south africa. If you are looking for an electronic logbook, a log book, automatic sars logbook, gps log book, travel log book, tax logbook, electronic vehicle tax logbook and a travel allowance. Keeping your sars travel logbook in order used to be a headache. With matrixs electronic sars tax logbook, you can easily and effortlessly track, measure and monitor vehicle mileage, fuel consumption and maintenance costs.
Get that log book and write down the mileage posted on. Sars has introduced enhancements to both the sars efiling and mobiapp platforms for both taxpayers and tax practitioners, read more. Free excel logbook for sars download at the bottom of the page. If you use a vehicle for your own business or for company kilometres, you need to keep track. Again, sars may dismiss the entire claim when a discrepancy is found here on. Secondly, make sure that you keep a logbook throughout the year. The software generates tax compliant reports so you can claim from the taxman. Keep this by your desk or in your car so that you can get into the habit of updating. Want to learn more about microsoft excel and creating a logbook yourself. Even though the hand written logbook is still compliant to the requirements of sars, it is definitely a very time consuming affair. Little logbook gps trip logger travel claims made easy. The south african revenue service reserves the right to audit and query the content or information recorded by the taxpayer in any logbook. Generic diesel rebate logbook forestry in south africa.
Using this function means you that you wont need to enter every date and it can even take into account public holidays. Allows you to define the types and frequencies of service. Simply fill in your details and we will send you an email with the download link for our vehicle logbook. Employees can deduct costs related to wear and tear of their vehicle. It is a key document that ensures a perfect investment on your asset. Rbes a5 vehicle log duplicate book, is the best method of keeping track of your travelling details, as required by s. The first gps log book prototype was developed in 2010 and the gps log book classic was officially.
What you need to know about tax and your travel allowance fin24. Calculating a travel deduction if you are in receipt of a travel allowance. Many payroll professionals struggle to come to grips with the south african revenue services travel. The template accommodates multiple vehicles and can also be used to calculate travel.
Your logbook provides the south african revenue service sars with proof of the mileage youve travelled throughout a particular tax period. Travel log book sars july 10, 2012 efiling, log book, logbook, sars, tax, travel log. Gps log book logs and provides a detailed and sars. The south african vehicle certificate of registration is a crucial document that should be protected, the departments in charge have done an excellent job in maintaining the integrity of the system in place that protects the ownership of vehicles for south african.
To do this, youll have to keep an accurate record of all your expenses during the year, in addition to keeping a log book. A5 vehicle log duplicate book rbe stationery manufacturers. Download the suzuki travel logbook and keep your tax affairs in. Online travel logbook sage south africa we use cookies on our website to provide you with the best experience. How to calculate your travel allowance when submitting tax click here. It is compulsory to keep a logbook for south african revenue services to submit a claim for your vehicle expenses. Travel allowances this is what you need to know accountancy sa. The income tax act 58 of 1962 allows taxpayers in south africa.
Plug the little logbook into the cigarette lighter of your vehicle using the usb power adapter supplied you can also plug it into the usb port in your vehicle if it has one. Daily business travel records south african revenue service travel logbook 2014. Little logbook is a gps device that plugs into your vehicle lighter socket and logs mileage as you drive. It is now compulsory to keep a logbook of all your travel in which you record what travel was for business and what travel was for private purposes if you. Mslb is a crossplatform simple logbook program application to write work logs or even a diary. This assists in the log book submission of an annual tax return. If you are looking to create an excel logbook for sars and you want it to include the dates for working. The gps log book device plugs into the cigarette lighter in your car and. South african vehicle certificate of registration, cars. Its maintenance is very necessary along with the detail record. Make sure that the logbook corresponds with the service history of the car. We would like to alert all south african vehicle owners to write down the mileage travelled up to the 28th of february. Tax planning log book sars have now made it compulsory to have a detailed car log book.
Firstly, record your motor vehicles odometer reading on 1 march, i. The south african revenue service reserves the right to audit and query the content or. The fixed cost must be reduced on a prorata basis if the vehicle is used for business purposes for less than a full year. Calculating a travel deduction if you are in receipt of a travel allowance introduction it is now compulsory to keep a logbook of all your travel in which you. Calculate your claim based on the cost scale table which sars supplies youll find this table in the introduction section to the travel elogbook calculate your claim based on. Get your sars travel logbook app from taxtim to record work travel kilometres via your mobile phone. Ota vehicle log book template online tax australia.
From 1st of march 2011 it is a requirement from the south african revenue services or sars to keep a detailed logbook. Calculating a travel deduction if you are in receipt of a. Get our log book so you can claim a travel deduction. Vehicle logbooks are used by employees who drive business vehicles or receive a vehicle allowance. An employerprovided vehicle is a vehicle owned by the company that is given to you for business travel. Ms excel training courses excel consulting auditexcel. Travel elog book sars logbook used to claim a deduction on.
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