The New Travel Allowances
How do they affect you and are they working?
The 2018/2019 tax year sees important changes to how, as an employee, you can be reimbursed for your business travel expenses. Both employers and employees should know how they will affect you in practice.
The 2018/2019 tax year sees important changes to how, as an employee, you can be reimbursed for your business travel expenses. Both employers and employees should know how they will affect you in practice.
We discuss the three types of travel allowance, the new changes, the reasons why SARS has made them, and the administrative burden and other considerations for employers.
That’s all important of course, but your bottom line question is always going to be “What’s best for me?”
Two practical examples should help you decide.
