Public office, entertainment and other allowances
Public office, entertainment and other allowances
Duration: 0.5 hour
Price: R49.00
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Public office, entertainment and other allowances
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| OUTCOMES OF TOPIC After studying this topic related to travel allowances, you should be able to: ✓ Understand the difference between a fixed travel allowance and a reimbursive travel allowance ✓ In terms of the fixed travel allowance understand how to calculate the taxable amount of the allowance ✓ In terms of the reimbursive travel allowance understand how to calculate the taxable amount of the allowance ✓ Understand how the travel allowance is declared on the ITR12 tax return and how to claim a deduction for business expenses against the travel allowance |