Older Persons Act, 2006
R 385
Income Tax Act, 1962 (Act No. 58 of 1962)Notices2016 NoticesFixing of rate per kilometre in respect of motor vehicles for the purposes of section 8(1)(b)(ii) and (iii)3. Cost scale |
|
Where the value of the vehicle— |
Fixed Cost
R |
Fuel Cost
c/km |
Maintenance Cost
c/km |
|
does not exceed R80 000 |
26 675 |
82.4 |
30.8 |
|
exceeds R80 000 but does not exceed R160 000 |
47 644 |
92.0 |
38.6 |
|
exceeds R160 000 but does not exceed R240 000 |
68 684 |
100.0 |
42.5 |
|
exceeds R240 000 but does not exceed R320 000 |
87 223 |
107.5 |
46.4 |
|
exceeds R320 000 but does not exceed R400 000 |
105 822 |
115.0 |
54.5 |
|
exceeds R400 000 but does not exceed R480 000 |
125 303 |
132.0 |
64.0 |
|
exceeds R480 000 but does not exceed R560 000 |
144 784 |
136.5 |
79.5 |
|
exceeds R560 000 |
144 784 |
136.5 |
79.5 |
