Salaried Employees - Allowances Series
Salaried Employees - Allowances Series
What's Included:
Travel allowance
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 trave l 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
0.5 Hour | R49.00
Subsistence allowance
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 trave l 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
0.5 Hour | R49.00
Public office, entertainment and other allowances
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 trave l 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
