Income Tax Act, 1962 (Act No. 58 of 1962)Notices2017 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 R85 000 |
28 492 |
91.2 |
32.9 |
exceeds R85 000 but does not exceed R170 000 |
50 924 |
101.8 |
41.2 |
exceeds R170 000 but does not exceed R255 000 |
73 427 |
110.6 |
45.4 |
exceeds R255 000 but does not exceed R340 000 |
93 267 |
118.9 |
49.6 |
exceeds R340 000 but does not exceed R425 000 |
113 179 |
127.2 |
58.2 |
exceeds R425 000 but does not exceed R510 000 |
134 035 |
146.0 |
68.4 |
exceeds R510 000 but does not exceed R595 000 |
154 879 |
150.9 |
84.9 |
exceeds R595 000 |
154 879 |
150.9 |
84.9 |